19 October 2011
1 kg. of a product K requires two chemical A & B.the following are the details of product K for the month of june. 1)standard mix of chemical A 50% & CHEMICAL B 50%, 2)Standard price per kg. of chemical A is12& Chemical B is 15. 3)actual input of chemical B is 70 kg. 4)actual price per kg. of A is15. 5)standard normal loss 10 % of total output. 6)material cost variance total 650 adverse. 7)material yield variance total 135 adverse. 8)actual output 90 kg. find material price variance (total),material mix variance (total),material usage variance(total),actual input of A & actual price per kg. of B.
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