Question: Determine Material Mix Variance from the following information : Raw Material Standard Mix Actual Mix Quentity (unit) Price per unit Quantity (unit) Price per unit

Determine Material Mix Variance from the following information : Raw Material

Determine Material Mix Variance from the following information : Raw Material Standard Mix Actual Mix Quentity (unit) Price per unit Quantity (unit) Price per unit A 100 5 150 5.50 B 200 6 250 6.00 300 400 3.50 Due to shortage of Material B, it was decided to reduce the consumption of B by 5% and increase that of A by 10%. 4

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