Mega Shakes makes a nutritional supplement that health conscious individuals can drink to help them lose weight. For shipping and storage purposes, the shakes are sold in powder form meaning that the consumer just adds water before drinking. MegaShakes most popular flavor I Chin-Up Chocolate, which is sold in 20 pound tubs. The main ingredient for Chin-Up Chocolate in cocoa.

MegaShakes has set the following standards for each 20 pound tub of powder:

Cost per pound of coca………………..$2

Pounds of cocoa per tub………………11

During the month of June, MegaShakes made 8000 tubs of Chin-Up Chocolate and experienced the following results:

Cost of cocoa purchased………………….$184800

Pounds of cocoa Used………………………86240

REQUIRD :

A. What would Mega Shakes Materials Quantity Variance be for the month of June?

B. What would Mega Shakes Materials Price Variance be for the month of June?

C. What would Mega Shakes total Materials Spending Variance be for the month of June

Answer rating: 100% (QA)

A Material quantity variance for June The standard quantity of materials is 88000 pounds 800... View the full answer