Figure 18-4
Regis Ltd During April, the Following Actual Production Information Was Provided

question 5

Multiple Choice

Figure 18-4
Regis Ltd. uses two materials in the production of its product. The materials, X and Y, have the following standards: $\begin{array}{cccc}\text { Material } & \text { Standard Mix } & \text { Standard Unit Price } & \text { Standard Cost } \\\mathrm{X} & 3,500 \text { units } & £ 1.00 \text { per unit } & £ 3,500 \\\mathrm{Y} & 1,500 \text { units } & 3.00 \text { per unit } & £ 4,500\\\text { Yield }& 4,000 \text { units }\end{array}$ During April, the following actual production information was provided: $\begin{array}{cc}\text { Material } & \text { Actual Mix } \\\mathrm{X} & 30,000 \text { units } \\\mathrm{Y} & 20,000 \text { units } \\& \\\text { Yield } & 36,000 \text { units }\end{array}$
-Refer to Figure 18-4. What is the materials mix variance?

• A)£5,000 (F)
• B)£10,000 (U)
• C)£10,000 (F)
• D)£15,000 (F)

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Definitions:

Looking-glass Self

A concept in sociology suggesting that an individual's self-concept is influenced by how they believe others perceive them.

Ideal Self

A person's conception of how they would like to be or think about their best possible self.

Positive Self-talk

The practice of making affirming and encouraging statements to oneself to foster a positive mindset and overcome negative thinking patterns.

Low Self-esteem

A condition characterized by a lack of confidence and feeling unworthy or incapable, often reflecting a negative view of oneself.