In good accounting form, compute for the: 1. Materials mix variance 2. Materials yield variance Marina bottlers inc, a leading soft drinks company is producing their bottle requirements. for each case of 24 eight-ounce bottles, the company prescribed the following standard product mix: Material A @ 2.4 lb, p50/lbs; Material B @ 6 lb, p22/lbs and Material C @ 1.6 lbs, p15/lb. During the month of August, 25,000 cases were produced from an input of: Material Pounds Cost/lb A 63,700 P49.00 B 125,200 P20.50 C 48,100 P16.00
In good accounting form, compute for the: 1. Materials mix variance 2. Materials yield variance Marina bottlers inc, a leading soft drinks company is producing their bottle requirements. for each case of 24 eight-ounce bottles, the company prescribed the following standard product mix: Material A @ 2.4 lb, p50/lbs; Material B @ 6 lb, p22/lbs and Material C @ 1.6 lbs, p15/lb. During the month of August, 25,000 cases were produced from an input of: Material Pounds Cost/lb A 63,700 P49.00 B 125,200 P20.50 C 48,100 P16.00
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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In good accounting form, compute for the:
1. Materials mix variance
2. Materials yield variance
Marina bottlers inc, a leading soft drinks company is producing their bottle requirements. for each case of 24 eight-ounce bottles, the company prescribed the following standard product mix: Material A @ 2.4 lb, p50/lbs; Material B @ 6 lb, p22/lbs and Material C @ 1.6 lbs, p15/lb.
During the month of August, 25,000 cases were produced from an input of:
| Material | Pounds | Cost/lb |
| A | 63,700 |
P49.00 |
| B | 125,200 | P20.50 |
| C | 48,100 | P16.00 |
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