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The Following Information Is Provided About Three Materials Utilized in the Production

question 53

Multiple Choice

The following information is provided about three materials utilized in the production of a product:  Material  Standard Mix  Standard Unit Price  Standard Cost X1,250 units $3.00 per unit $3,750Y750 units 5.00 per unit $3,750Z500 units 4.00 per unit $2,000Yield 2,250 units \begin{array} { l r r r } \text { Material } & \text { Standard Mix } & \text { Standard Unit Price } & \text { Standard Cost } \\ \mathrm { X } & 1,250 \text { units } & \$ 3.00 \text { per unit } & \$ 3,750 \\ \mathrm { Y } & 750 \text { units } & 5.00 \text { per unit } & \$ 3,750 \\ \mathrm { Z } & 500 \text { units } & 4.00 \text { per unit } & \$ 2,000 \\\\ \text {Yield }& 2,250 \text { units }\\\end{array}

During May, the following actual production in formati on was provided:
 Material  Actual Mix X10,000 units Y5,000 units Z2,500 units \begin{array} { l r } \underline {\text { Material }} & \underline { \text { Actual Mix } } \\ \mathrm { X } & 10,000 \text { units } \\ Y & 5,000 \text { units } \\ Z & 2,500 \text { units } \end{array} Yield 15,000 units
Calculate the Material mix variance.


Definitions:

Job Satisfaction

The level of contentment employees feel about their work, which can affect their performance and overall well-being.

Work-Related Stress

The physical and emotional strain that arises from job demands not matching an employee's capabilities, resources, or needs.

Influence Tactics

Strategies or actions used by individuals or groups to alter or control the behavior, opinions, or decisions of others in their favor.

Cultures

the shared values, traditions, norms, customs, arts, history, and institutions of a group of people.

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