BK Chemicals Ltd manufactures BXE by mixing three raw materials. For each batch of 100 kgs...
Fantastic news! We've Found the answer you've been seeking!
Question:
![BK Chemicals Ltd manufactures BXE by mixing three raw materials. For each batch of 100 kgs of BXE, 125 kgs of](https://dsd5zvtm8ll6.cloudfront.net/si.experts.images/questions/2023/09/650e8b008255d_1695451902644.jpg)
Transcribed Image Text:
BK Chemicals Ltd manufactures BXE by mixing three raw materials. For each batch of 100 kgs of BXE, 125 kgs of raw materials are used. In June 60 batches are prepared to produce an output of 5,600 kgs of BXE. The standard and actual particulars for June are as follows: Raw materials A B C Mix % Calculate all Variance $ 50 30 20 Standard Price per kg Mix % $ 225 20 10 60 20 20 Actual Quantity of raw materials Price per kg Price per kg 21 8 6 5,000 2,000 1,200 BK Chemicals Ltd manufactures BXE by mixing three raw materials. For each batch of 100 kgs of BXE, 125 kgs of raw materials are used. In June 60 batches are prepared to produce an output of 5,600 kgs of BXE. The standard and actual particulars for June are as follows: Raw materials A B C Mix % Calculate all Variance $ 50 30 20 Standard Price per kg Mix % $ 225 20 10 60 20 20 Actual Quantity of raw materials Price per kg Price per kg 21 8 6 5,000 2,000 1,200
Expert Answer:
Answer rating: 100% (QA)
Materialis required for 1 batch is 125kgs for 100kg of o... View the full answer
Related Book For
College Accounting Chapters 1-30
ISBN: 978-0077862398
14th edition
Authors: John Price, M. David Haddock, Michael Farina
Posted Date:
Students also viewed these accounting questions
-
Cool Look Limited (CLL) is a high-end clothing design and manufacturing company that has been in business in Canada since 1964. CLL started as an owner-managed enterprise created and run by Hector...
-
In February 2015, Majdy I. was appointed as a Chief Executive Manager of the Manufacturing Company by Mamoun N., President. Majdy had wide executive experience in the manufacturing sector with high...
-
West Texas Chemical Company manufactures a product called Kylon, which requires three raw materials. Production is in batches of 1,000 gallons of finished product. The firm uses standard costs as a...
-
An LNC can detect alterations in the record by Select one: a. Examining notes written in the margin b. Looking through late entries for detailed explanations c. Finding a doctor's explanation that is...
-
Jennifer Schaefer, a public accountant, follows the philosophy of performing interim tests of controls on every December 31 audit as a means of keeping overtime to a minimum. Typically, the interim...
-
An engineer measures the time (in milliseconds) it takes for an electrical current to pass through a medium. She performed this experiment 30 times and recorded the results below. 737 735 529 828 423...
-
6. Let S = $100, K = $95, = 30%, r = 8%, T = 1, and = 0. Let u = 1.3, d = 0.8, and n = 2. Construct the binomial tree for a call option. At each node provide the premium, , and B.
-
The following is information for three local auto dealers: a. Using the information given in the above table, construct income statements for each company and the industry average. Assume that each...
-
8.8 points Consider two annuities (A and B). Both annuities are 10 year, $50,000 annuities. However, annuity A is an ordinary annuity, while annuity B is an annuity due. Assuming the same discount...
-
What are the triads using roman numerals and figured bass numbers for this excerpt? 30-3. Use Roman numerals and figured bass numbers to identify triads in these works. a. Schubert, "Death and the...
-
Use Taylor series to derive the following approximation for the first derivative of a function, F(x) with respect to x. F(x + Ax) - F(x - Ax) F'(x) 2(Ax) The above is known as central difference...
-
Do you think digital wallets will revolutionize electronic banking and in-store transactions? 2. How do you think digital wallets will affect traditional banks? 3. What are some of the risks of...
-
5.14 Strains are measured on the surface of a brass alloy part as follows: Ex 160010-6 y=1300106, and Yxy = 1500106. Estimate the in-plane stresses x, y, and Txy, and also the strain normal to the...
-
E) prepare preclosing trial balances at december 31,2026. for the debt service fund, considering only the proceeds, expenditures, and transfers resulting from transactions of the capital projects...
-
Explain at least 8 types of Google ads brieflyAnalyze the ad & share your opinion on its performance and suggest changes if required. * add the snapshots, and pictures of examples
-
Categorize each variable as quantitative or qualitative GPA is continuous Number of students is Discrete GPA ( Continuous) and Number of Students ( Discrete) GPA ( Discrete) and the Number of...
-
explain each stage in the accounting cycle and give an example for the entire cycle for a company of your selection
-
Identify the Critical Infrastructure Physical Protection System Plan.
-
Thompson is the manager of a company that produces toasters. He has instructed his production department to replace a steel handle shaft with a plastic shaft. This will save the company $1 per...
-
On May 1, 2016, Antonelli Corporation received a subscription from Angelina Paz for 700 shares of its $1 par-value common stock at a price of $28 a share. Paz made a payment of $14.00 per share on...
-
Read each of the following statements carefully and indicate whether each is true or false. 1. Because tax rules and financial accounting are the same, federal income tax requirements have had little...
-
40. The City of Pfeiffer starts the year of 2008 with the General Fund and an enterprise fund. The General Fund has two activities: education and parks/recreation. For convenience, assume that the...
-
41. Use the information in problem 40 to prepare the 2008 fund-based financial statements for the gov ernmental funds and the proprietary funds. A statement of cash flows is not required. Assume that...
-
37. The County of Maxnell decides to create a sanitation department and offer its services to the pub lic for a fee. As a result, county officials plan to account for this activity within the...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App