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Calculate the material mix variance

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Reference no: EM132505008

Standard cost for one cake for Cakees ltd is given below:

Ingredients                     Kg                  Rs

Flour                        0.10             30 per kg

Eggs                         0.10               100 per kg

Butter                         0.10           200 per kg

Sugar                         0.10            40 per kg

Total input                   0.40

Standard weight of a cake  0.4

The actual production in February 2019 was 60000 cakes., during the month the following occurred:

Ingredients used                   Kg               Rs

Flour                              5,700           180,000

Eggs                             6,600            600,000

Butter                          6,600              13,00,000

Sugar                           4,578              1,70,000

Total input                     23,478

Required:

Question 1: Calculate the material mix variance.

Reference no: EM132505008

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