What was the favourable yield variance for the Opop for June? Select... Gelect... 25 40 5 2

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Tropikal Co makes fizzy drinks. One of its products, the Opop, requires the following standard input for a litre of output:
Materials
Litres
Cost per litre ($)
($)
Carbonated water
1.50
0.90
0.6
0.3
Flavoured syrup
2.00
0.60
Sugar water
0.3
0.80
0.24
1.2
1.74
During June, 6,000 litres of the Opop were made and sold using the following inputs:
Materials
Actual litres used
Actual cost per litre ($)
Carbonated water
3,800
1.40
Flavoured syrup
1,400
2.10
Sugar water
1,500
0.95
6,700
What was the favourable yield variance for the Opop for June?
Select... V
Select...
$725
$740
$15
$732
Transcribed Image Text:Tropikal Co makes fizzy drinks. One of its products, the Opop, requires the following standard input for a litre of output: Materials Litres Cost per litre ($) ($) Carbonated water 1.50 0.90 0.6 0.3 Flavoured syrup 2.00 0.60 Sugar water 0.3 0.80 0.24 1.2 1.74 During June, 6,000 litres of the Opop were made and sold using the following inputs: Materials Actual litres used Actual cost per litre ($) Carbonated water 3,800 1.40 Flavoured syrup 1,400 2.10 Sugar water 1,500 0.95 6,700 What was the favourable yield variance for the Opop for June? Select... V Select... $725 $740 $15 $732
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