Solution-Should be worried for performance

Should be worried for performance

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Question 1: Monash Factory planned to produce 4,000 units in March that could be sold at $50 per unit. The total budgeted quantity of raw materials for the month of March shows 10,000 kilograms. During March demand suddenly increased and the factory's produced 5,000 units that were sold at $48 each. The actual quantity of raw materials used in production shows 12,000 kilograms. The production manager is worried about his performance and is worried that raw materials consumption was exceeded by 2,000 from the budgeted quantity. Should he be worried for his performance? Explain your answer.

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Should be worried for performance

Reference no: EM132549497

Reference no: EM132549497

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Cost Accounting Questions & Answers

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