Hi, anyone able to help to answer this question?
The following information is for questions 14 and 15 A company manufactures a fruit flavoured drink concentrate by mixing two liquids (X and Y). The standard cost card for ten litres of the drink concentrate is: The company does not hold any inventory. During the last period the company produced 4,800 litres of the drink concentrate. This was 200 litres below the budgeted output. The company purchased 2,200 litres of X for $18 per litre and 2,750 litres of Y for $21 per litre. Question 14 The materials mix variance for the period was:
Question 15 The materials yield variance for the period was:
