Use the above information to calculate the materials price and efficiency variances. Then break down the efficiency variance into the mix an a pang p + + +1+34
Use the above information to calculate the materials price and efficiency variances. Then break down the efficiency variance into the mix an a pang p + + +1+34
Chapter5: Process Costing
Section: Chapter Questions
Problem 1PA: The following product Costs are available for Haworth Company on the production of chairs: direct...
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![Table 8: THE ROGER COMPANY CASE
The Roger Company produces product NRV by heating materials X, Y, and Z. Normal evaporation loss is 20%; thus, 1,000 gallons of input are
anticipated to yield an output of 800 gallons.
STANDARDS for 800 gallons of NRV:
Material X
Material Y
Material Z
Totals/Weighted Average
OUTPUT of 40,000 gallons, actual costs:
Material X
Material Y
Material Z
Totals/Weighted Average
GALLONS
600
300
100
1,000
GALLONS
26,000
18,200
7,800
52,000
PRICE PER GALLON
$0.80
$1.20
$1.60
$1.00
PRICE PER GALLON
$0.82
$1.23
$1.67
$1.091
TOTAL
$480
360
160
$1,000
TOTAL
$21,320
22,386
13,026
$56,732
Use the above information to calculate the materials price and efficiency variances. Then break down the efficiency variance into the mix and
yield variances. Explain any computational similarities as compared to the calculations of any of those variances you calculated for the](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F055772d6-6a06-4dd5-8e85-e4f69ea93355%2Fdb9c500f-5c3c-4be9-b0ad-830d58bcf47e%2Fa1s5tck_processed.png&w=3840&q=75)
Transcribed Image Text:Table 8: THE ROGER COMPANY CASE
The Roger Company produces product NRV by heating materials X, Y, and Z. Normal evaporation loss is 20%; thus, 1,000 gallons of input are
anticipated to yield an output of 800 gallons.
STANDARDS for 800 gallons of NRV:
Material X
Material Y
Material Z
Totals/Weighted Average
OUTPUT of 40,000 gallons, actual costs:
Material X
Material Y
Material Z
Totals/Weighted Average
GALLONS
600
300
100
1,000
GALLONS
26,000
18,200
7,800
52,000
PRICE PER GALLON
$0.80
$1.20
$1.60
$1.00
PRICE PER GALLON
$0.82
$1.23
$1.67
$1.091
TOTAL
$480
360
160
$1,000
TOTAL
$21,320
22,386
13,026
$56,732
Use the above information to calculate the materials price and efficiency variances. Then break down the efficiency variance into the mix and
yield variances. Explain any computational similarities as compared to the calculations of any of those variances you calculated for the
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