Question 15 (Information repeated for your convenience) Case One: 1.300 kg of toffee is usually made from 1.400 kg of the following materials: 504 kg of Sugar, costing £0.80 per kg 406 kg of Butter, costing £7 per kg 294 kg of Almonds, costing £5 per kg 196 kg of Peanuts, costing £4 per kg In February 2022, 52.000 kg of toffee were produced, using: 18,500 kg of Sugar 16,800 kg of Butter 6,000 kg of Almonds 12,600 kg of Peanuts Note: Assume no other materials were used in production. 85. Briefly comment on three possible reasons for the variances based on the results.
Question 15 (Information repeated for your convenience) Case One: 1.300 kg of toffee is usually made from 1.400 kg of the following materials: 504 kg of Sugar, costing £0.80 per kg 406 kg of Butter, costing £7 per kg 294 kg of Almonds, costing £5 per kg 196 kg of Peanuts, costing £4 per kg In February 2022, 52.000 kg of toffee were produced, using: 18,500 kg of Sugar 16,800 kg of Butter 6,000 kg of Almonds 12,600 kg of Peanuts Note: Assume no other materials were used in production. 85. Briefly comment on three possible reasons for the variances based on the results.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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![Question 15
(Information repeated for your convenience)
Case One: 1.300 kg of toffee is usually made from 1.400 kg of the following materials:
504 kg of Sugar, costing £0.80 per kg
406 kg of Butter, costing £7 per kg
294 kg of Almonds, costing £5 per kg
196 kg of Peanuts, costing £4 per kg
In February 2022, 52.000 kg of toffee were produced, using:
18,500 kg of Sugar
16,800 kg of Butter
6,000 kg of Almonds
12,600 kg of Peanuts
Note: Assume no other materials were used in production.
85. Briefly comment on three possible reasons for the variances based on the results.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F50b6afa2-b780-4729-b5ef-4c5f15273615%2F51819a76-0bf6-44d1-9747-f2b8a2799324%2Ftzuzjqg_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 15
(Information repeated for your convenience)
Case One: 1.300 kg of toffee is usually made from 1.400 kg of the following materials:
504 kg of Sugar, costing £0.80 per kg
406 kg of Butter, costing £7 per kg
294 kg of Almonds, costing £5 per kg
196 kg of Peanuts, costing £4 per kg
In February 2022, 52.000 kg of toffee were produced, using:
18,500 kg of Sugar
16,800 kg of Butter
6,000 kg of Almonds
12,600 kg of Peanuts
Note: Assume no other materials were used in production.
85. Briefly comment on three possible reasons for the variances based on the results.
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