Calculate the mix variances for materials R

Assignment Help Managerial Accounting
Reference no: EM133006136

Question - Liquidsoap manufactures a product known as Supersanitiser by mixing two different chemicals. Supersanitiser is sold in 25 litre containers.

The standard material cost per container of Supersanitiser is as follow:

Chemical H 12 litres @ R2.50 = R30

Chemical W 18 litres @ R3.00 = R54

In May the actual mixed used was:

-984 litres of chemical H and

-1 230 litres of chemical W.

The actual output was 72 x 25l containers(1800 l) of Supersanitiser.

-Calculate the mix variances for materials R, and indicate if the variance was fabourable or unfavourable.

-Calculate the yield variance for material R, and indicate if the variance was fabourable or unfavourable.

Reference no: EM133006136

Questions Cloud

How much more does olivia have after three years : Olivia invests $ 428 in a savings account that earns 8.2 % compounded annually. How much more does Olivia have after 3 years
How much will pay for the platinum : What is your dollar profit if platinum sells for $920 a troy ounce when the futures contract expires? What if the price is $820 at expiration?
What amount should be recognized as loss : Assume the market price is PI 10 on December 31, 2014 and P90 on July 1, 2015. What amount should be recognized as loss on call option in 2015
What is the firm degree of total leverage of la cucaracha : The firm's financial leverage was of 2.28. What is the firm's degree of combined (total) leverage of La Cucaracha Pest Control, Inc. ?
Calculate the mix variances for materials R : The actual output was 72 x 25l containers(1800 l) of Supersanitiser. -Calculate the mix variances for materials R, and indicate if the variance was fabourable
What is acquisition-date value assigned to twenty percent : What is the acquisition-date value assigned to the 20 percent noncontrolling interest? What are the potential noncontrolling interest valuation
Determine the degree of operating leverage : Contribution is 70% of sales. If the total fixed expenses are R378,795 for the month, determine the degree of operating leverage
What is the degree of total combined leverage : Haunted Forest, Inc.is selling fog machines. Average selling price per unit $306. What is the degree of total (combined) leverage of Haunted Forest, Inc.?
How have plan offerings changed in the last twenty years : What is the difference between a defined benefit plan and a defined contribution plan? Is one more common than the other in 2021?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd