Question: Standard Costing 20 Marks Question 2 Study the scenario and complete the question that follows: The Uniliver Pty Ltd makes environmentally-friendly soap using three basic
Standard Costing 20 Marks Question 2 Study the scenario and complete the question that follows: The Uniliver Pty Ltd makes environmentally-friendly soap using three basic ingredients. The standard cost card for one batch of soap for the month of September was as follows: Material Kilograms Price per kilogram (R) Lye 0.25 10 Coconut oil 0.60 Shea butter 0.50 3 4 The budget for production and sales in September was 120 000 batches. Actual production and sales were 136 000 batches. The actual ingredients used were as follows: Material Kilograms Lye 34 080 Coconut oil 83 232 Shea butter 64 200 Source: Hunde, T. (2020) Required: Calculate the total material mix variance and the total material yield variance for September. (20 Marks)
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