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A chemical company produces a product used by manufacturers of plastics.Two basic chemicals go into this product.The standards for one-liter of this product are:
Chemical 1: 800 ml.@ $50 per liter
Chemical 2: 200 ml.@ $200 per liter
During the last period,5,000 liters of the solvent were produced and the company purchased the following amounts of each chemical:
Chemical 1: 5,400 liters @ $59.00 per liter
Chemical 2: 900 liters @ $225.00 per liter
Because these chemicals are volatile,the company uses them immediately upon purchase,so there are no beginning and ending inventories.Required:
(Be sure to indicate whether the variance is favorable or unfavorable. )
a.Compute the direct material price variances.b.Compute the direct material efficiency variances.c.Compute the direct material mix variances.d.Compute the direct material yield variances.
Diabetes
A chronic condition characterized by high levels of sugar in the blood, due to the body's inability to produce or properly use insulin.
Orgasmic Disorder
A sexual dysfunction characterized by difficulty experiencing orgasm despite adequate sexual desire and arousal.
Premature Ejaculation
A common sexual disorder in which ejaculation occurs with minimal sexual stimulation before, upon, or shortly after penetration, often resulting in unsatisfactory sexual experiences.
Erectile Dysfunction
The inability to achieve or maintain an erection sufficient for satisfactory sexual performance.
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