The Becton Enterprises (BE) produces a gasoline additive, Charger Power. This product increases engine efficiency and improves gasoline mileage by creating a more complete burn in the combustion process. Careful controls are required during the production process toensure that the proper mix of input chemicals is achieved and that evaporation is controlled. Loss of output and efficiency may result if the controls are not effective.The standard cost of producing a 500-liter batch of Charger Power is $135. The standard materials mix and related standard cost of each chemical used in a 500-liter batch are:Std costperliter$0.2000.4250.1500.300Std inputChemical quantityEchol200ProtexBenzCT-4010025050600The quantities of chemicals purchased and used during the current production period are shown in the schedule below. A total of 149 batches of Charger Power were manufactured during the current production period. The controller of BE has determined its costs andchemical usage variations at the end of the production period.Quantity TotalCost25, 200 $5,5006,3755,975 39,2002,3558,54090,020Chemical PurchasedEcholProtexBenzCT-4013,20040,2007,70086,300What is the total material yield variance?Multiple Choice$429.50.$139.50.Totalcost$40.0042.5037.5015.00$135.00$568.50.$415.00.QuantityUsed28,00014,280

The material yield variance is defined as the difference between the standard cost of the actual…

The quantities of chemicals purchased and used during the current production period are shown in the schedule below. A total of 149 batches of Charger Power were manufactured during the current production period. The controller of BE has determined its costs and chemical usage variations at the end of the production period. Chemical Purchased Echol Protex Benz CT-40 What is the total material yield variance? Quantity Total Quantity Cost Used 25,200 $5,500 28,000 13,200 6,375 14,280 40,200 5,975 39,200 7,700 2,355 8,540 86,300 90,020 Multiple Choice OO O O $429.50. $139.50. $568.50. $415.00.

The quantities of chemicals purchased and used during the current production period are shown in the schedule below. A total of 149 batches of Charger Power were manufactured during the current production period. The controller of BE has determined its costs and chemical usage variations at the end of the production period. Chemical Purchased Echol Protex Benz CT-40 What is the total material yield variance? Quantity Total Quantity Cost Used 25,200 $5,500 28,000 13,200 6,375 14,280 40,200 5,975 39,200 7,700 2,355 8,540 86,300 90,020 Multiple Choice OO O O $429.50. $139.50. $568.50. $415.00.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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