Scrubbers Ltd. manufactures a cleaning component, WhizClean, by mixing three chemicals. The standard material costs per...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Scrubbers Ltd. manufactures a cleaning component, WhizClean, by mixing three chemicals. The standard material costs per litre of WhizClean are as follows: Chemical Input Quantity Price per Litre of Chemical Total Cost A 0.40 litres $0.80 $0.32 $0.56 B 0.35 litres $1.60 C 0.30 litres $1.20 $0.36 Total 1.05 litres $1.24 Actual results for March were as follows: The company produced 3,500,000 litres of WhizClean >1,322,000 litres of Chemical A costing $991,500 were used >1,366,000 litres of Chemical B costing $2,212,920 were used >1,150,000 litres of Chemical C costing $1,357,000 were used The total direct materials mix variance is: $26,445 unfavourable $90,559 favourable $192,641 unfavourable $112,222 favourable Scrubbers Ltd. manufactures a cleaning component, WhizClean, by mixing three chemicals. The standard material costs per litre of WhizClean are as follows: Chemical Input Quantity Price per Litre of Chemical Total Cost A 0.40 litres $0.80 $0.32 $0.56 B 0.35 litres $1.60 C 0.30 litres $1.20 $0.36 Total 1.05 litres $1.24 Actual results for March were as follows: The company produced 3,500,000 litres of WhizClean >1,322,000 litres of Chemical A costing $991,500 were used >1,366,000 litres of Chemical B costing $2,212,920 were used >1,150,000 litres of Chemical C costing $1,357,000 were used The total direct materials mix variance is: $26,445 unfavourable $90,559 favourable $192,641 unfavourable $112,222 favourable
Expert Answer:
Answer rating: 100% (QA)
The correct answer is 90559 FAVOURABLE Explaination Chemical a b C So the correct a... View the full answer
Related Book For
Management Accounting
ISBN: 9780730369387
4th Edition
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey
Posted Date:
Students also viewed these accounting questions
-
Direct Material Price variance, Direct Material Quantity Variance, Total Direct Material variance Direct Labor rate variance, Direct labor efficiency variance, Total Direct Labor Variance Variable...
-
A chemical company wishes to mix three elements (E, F, and G) to create three alloys (X, Y, and Z). The costs of The elements are as shown in the following table. To maintain the required quality for...
-
A chemical company manufactures an organic solid that is used in certain dye make ups. The following data were collected from this process. a. Construct charts for these data and comment on whether...
-
There were no other non-current assets acquisitions or disposals. A dividend of 150m was paid on ordinary shares during the year. Required a) Prepare a cash flow statement for Blackheath plc for the...
-
Grohl Co. issued 11-year bonds a year ago at a coupon rate of 6.9 percent. The bonds make semiannual payments. If the YTM on these bonds is 7.4 percent, what is the current bond price?
-
Hi-Tech Chemical Corporation produces aircraft fuel in a two-step process. Unrefined gasoline is purchased from a major oil company and refined in the Refining Department. The refined gasoline is...
-
Why are mass transfer coefficients from clean drops higher than mass transfer coefficients in dirty systems? What is the practical significance of this?
-
Open the following T accounts: Cash; Repair Supplies; Repair Equipment; Accounts Payable; C. Ferdinand, Capital; Withdrawals; Repair Fees Earned; Salaries Expense; and Rent Expense. Record the...
-
How will the Schulich Master of Finance (MF) degree help you achieve your short and long-term career goals? (please limit answer to 350 word)
-
John and Sandy Ferguson got married eight years ago and have a seven-year-old daughter, Samantha. In 2020, John worked as a computer technician at a local university earning a salary of $152,000, and...
-
3a) In the previous examples, two fair six-sided dice were tossed simultaneously, and the sum of the two faces facing upward was recorded. Perform the experiment 36 times, either using real dice or a...
-
While each of the financial statements is likely to aid in any business decision, it is often the case that a particular financial statement may be best suited to help in a particular decision....
-
Assess the authors opinion that change agentry will most likely become the largest and most important part of intra-organizational IS work in the future.
-
Consider the likely reaction of colleagues you have worked with to a system such as KMS. What type of reaction would you expect? What types of incentives would be necessary to encourage information...
-
Assuming different stages of growth in different countries, what might be the appropriate role of the central IT group in a large multinational organization?
-
At the beginning of the year, Logan Services purchased a used airplane for \($65,000,000\). Logan Services expects the plane to remain useful for 4 years (6 million miles) and to have a residual...
-
Consider the following line of reasoning: "You don't need to campaign in Oklahoma because everyone there always votes for Democrats." If we wished to put this line of reasoning in premise-conclusion...
-
Tiger, Inc. signed a lease for equipment on July 1, 2007.The lease is for 10 years (the useful life of the asset).The first of 10 equal annual payments of $500,000 was made on July 1, 2007.The...
-
Frosty Treats, a boutique ice cream shop, has asked your advice in setting pricing policies. Frosty Treats manager has collected information about prices and sales over the last four years. Required...
-
Traditionally, government organisations have tended to operate in silos, focusing on their own objectives and managing and protecting their own budgets. Recently, however, faced with seemingly...
-
Discuss the three variances that help explain the sales volume variance.
-
Which of the following is false about perfect competition? a. Perfectly competitive firms sell homogeneous products. b. A perfectly competitive industry allows easy entry and exit. c. A perfectly...
-
What is a price taker?
-
What is total revenue?
Study smarter with the SolutionInn App