**In this set of questions, the material quantity purchased & material quantity used is different SkyChefs,...

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**In this set of questions, the material quantity purchased & material quantity used is different SkyChefs, Inc. prepares in-flight meals for a number of major airlines. One of the company's products is a garden salad. During the most recent month, the company prepared 2,000 of these salads using 200 pounds of salad mix. The company paid $375 for 250 pounds of the salad mix. According to the company's cost standards for this meal, it should require 0.125 pounds of salad mix at a cost of $1.25 per pound. Answer the following questions for SkyChefs, Inc. 5. What is the Material price variance? m. $ 62.50 Unfavorable n. $ 62.50 Favorable o. $ 50 Unfavorable p. $50 Favorable 6. What is the Material efficiency variance? q. $ 62.50 Unfavorable r. $ 62.50 Favorable S. $ 50 Unfavorable t. $ 50 Favorable **In this set of questions, the material quantity purchased & material quantity used is different SkyChefs, Inc. prepares in-flight meals for a number of major airlines. One of the company's products is a garden salad. During the most recent month, the company prepared 2,000 of these salads using 200 pounds of salad mix. The company paid $375 for 250 pounds of the salad mix. According to the company's cost standards for this meal, it should require 0.125 pounds of salad mix at a cost of $1.25 per pound. Answer the following questions for SkyChefs, Inc. 5. What is the Material price variance? m. $ 62.50 Unfavorable n. $ 62.50 Favorable o. $ 50 Unfavorable p. $50 Favorable 6. What is the Material efficiency variance? q. $ 62.50 Unfavorable r. $ 62.50 Favorable S. $ 50 Unfavorable t. $ 50 Favorable

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