8.2 Example: Losses, mix and yield Coope and Sorcerer Co make product T42 in a continuous process, for which standard and actual quantities in month 10 were as follows. Standard Actual Price Price Std cost of Quantity per kg Value Quantity per kg actual usage kg $ $ kg $ $ Material P 40,000 2.50 100,000 34,000 2.50 85,000 Material Q 20,000 4.00 80,000 22,000 4.00 88,000 60,000 180,000 56,000 173,000 Losses occur at an even rate during the processing operation and are expected to be 10% of materials input. Actual output during the month was 53,000 kgs. Required Calculate total usage, mix and yield variances.
Solution ID:10137813 | Question answered on 16-Oct-2016
Price : $14.649999999999999
Order New Solution. Quick Turnaround
Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions.
New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.