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

question 93

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
X 1,250 units $3.00 per unit $3,750
Y 750 units 5.00 per unit $3,750
Z 500 units 4.00 per unit $2,000
Yield 2,250 units
During May, the following actual production information was provided:
Material Actual Mix
X 10,000 units
Y 5,000 units
Z 2,500 units
Yield 15,000 units
Calculate the Material mix variance.

• A) $1,500(U)
• B) $1,500(F)
• C) $1,250(U)
• D) $1,250(F)

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Definitions:

DNA

The molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms and many viruses.

Extended

Pertaining to something that has been lengthened or stretched out.

Complementary

Elements, items, or substances that, when brought together, enhance each other's properties or complete something.

DNA

Deoxyribonucleic acid, a molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms and many viruses.