Marks :10 ( 1+1+1+1+1+5) Question # 04 Standard Material required for producing 100 kgs of Product X is given below 1. Material A: 45 kgs @ Tk. 2.00 2. Material B: 40 kgs @ Tk. 4.00 3. Material C: 25 kgs @ Tk. 6.00 Total 110 kgs Less Standard Loss: 10 kgs Net Requirement: 100 kgs Tk. 90.00 Tk. 160.00 Tk. 150.00 Tk. 400.00 Actual production -2,000 units of Product X. Actual Material usage 1. Material A: 1,000 kgs @ Tk. 1.90 2. Material B: 850 kgs @ Tk. 4.20 3. Material C: 450 kgs @ Tk. 6.50 Total 2,300 kgs Tk. 1,900.00 Tk. 3,570.00 Tk. 2,925.00 Tk. 8,395.00 You are required (A).To calculate 1. Material cost variance 2. Material price variance 3. Material mixture variance 4. Material yield variance 5. Material usage variance (B). To suggest Mr. Z who is interested to acquire the Business