Calculate material price variance

Assignment Help Managerial Accounting

Reference no: EM131199984

The std cost of chemical mixture~PQ is as follows:

40% of material P @rs.400/kg

60% of material Q @rs.600/kg

A std loss of 10% is normally anticipated in pdn. The followinng particulars are for the month of march 2005.

180 kga of material P have been used @rs.680 /kg

220 kgs of material Q have been used @rs.360/kg.

The actual of pdn of ''PQ'' was 369 kgs.

Calculate-
Material price variance
Material usage variance
Material mix variance
Material yield varuance

No of Pages/Words : 5-15 pages

Reference no: EM131199984

Questions Cloud

Animal welfare and environmental concerns : The article calls for public policy initiatives to address animal welfare and environmental concerns associated with dairy farming. With reference to economic concepts covered in this course, explain why the government might want to intervene in t..

Describe the two companies you have researched : BUGEN 5930 Business, Society and the Planet Assignment. As an individual, you are required to submit responses to the following questions: Identify and describe the two companies you have researched; the countries and/or industries in which they oper..

What is purpose of constructing a brand bulls eye : What is the purpose of constructing a brand bull's eye? Define value proposition. Pick one of these examples and discuss the difference in value proposition between the two alternatives.

Is this an effective tactic for spreading terror : What types of terrorist attacks do you think are the most effective? Why? Be specific. Have you ever felt fear of being a victim of a terrorist attack? Explain. If so, what caused this fear? Does this mean that terrorists are succeeding? Why or why n..

Calculate material price variance : Calculate Material price variance, Material usage variance, Material mix variance and Material yield varuance

Different types of economies and economic conditions : Consider the different types of economies and economic conditions associated with them. Which type of economy is most beneficial for organizations and why?

What are the potential problems with this tack : What are the potential benefits for policymakers in determining IA structures and networks and outlining the ways these will be used? What are the potential problems with this tack?

Billy ordered two rooms of furniture from rooms-to-go : Billy ordered two rooms of furniture from Rooms-To-Go. Billy paid the full price of both rooms, but asked Rooms-To-Go to deliver one of the rooms of furniture immediately and to hold the other room of furniture for a few weeks until some renovations ..

Define pros and cons in business law regarding capital gains : After reading this article, determine which of the planning opportunities could be beneficial in a corporate and independent business setting. In detail, convey why or why not? Using the text for this class, describe the pros and cons in business ..

User Account

All Pages