Calculate the materials usage mix and yield variances

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Reference no: EM13920316

Materials usage, mix and yield variances

A company manufactures a chemical, Dynamite, using two compounds Flash and Bang. The standard materials usage and cost of one unit of Dynamite are as follows.

		$
Flash	5 kg at $2 per kg	10
Bang	10 kg at $3 per kg	30
		40

In a particular period, 80 units of Dynamite were produced from 500 kg of Flash and 730 kg of Bang.

Required

Calculate the materials usage, mix and yield variances.

Reference no: EM13920316

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