Weaver Corporation Manufactures a Certain Product by Mixing Three Kinds

question 48

Essay

Weaver Corporation manufactures a certain product by mixing three kinds of materials in large batches. The blend master has the responsibility for maintaining the quality of the product, and this often requires altering the proportions of the various ingredients. Standard costs are used to provide material control information. The standard material inputs per batch are:
The finished product is packed in 50-pound boxes; the standard material cost of each box is, therefore, $3.61.
During January, the following materials were put in process:
Inventories in process totaled 5,000 pounds at the beginning of the month and 8,000 pounds at the end of the month. It is assumed that these inventories consisted of materials in their standard proportions. Finished output during January amounted to 4,100 boxes.
Required: Compute the total material quantity variance for the month and break it down into mix and yield components.

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Definitions:

QRS Complex

A series of deflections in an electrocardiogram representing the electrical activity associated with the ventricular contraction.

Ventricular Contraction

The phase of the cardiac cycle where the ventricles contract, pumping blood out of the heart into the pulmonary and systemic circuits.

Stroke Volume

The volume of blood pumped out by the left ventricle with each heartbeat.

Venous Return

The flow of blood back to the heart through the veins, crucial for maintaining circulatory system equilibrium.