Question

Weight of 1 unit 11.88

Loss 12%
Input (gross up) 13.50
Actual Material cost
Break up of 1 unit Closing % Consum
Kg Rate Cost A 1,014,200 0.11 9,220,000
A 6.75 6.40 43.20 B 754,000 0.13 5,800,000
B 4.50 4.85 21.83 C 228,000 0.08 2,850,000
C 2.25 5.90 13.28
13.50 78.30 Material Total Variance
Loss -1.62 Standard Cost of Actual OP
11.88 6.59 Actual Cost A ###
B ###
C ###
Total Variance

Material Price Variance

RM Sp Ap Aq
A 6.40 6.35 9,220,000
B 4.85 4.92 5,800,000
C 5.90 5.82 2,850,000

Material Usage Variance

Actual OP 1,320,000
Input per unit 13.50
Total Input required ###

A 8,910,000
B 5,940,000
C 2,970,000

Rm Sq AQ Sp
A 8,910,000 9,220,000 6.40
B 5,940,000 5,800,000 4.85
C 2,970,000 2,850,000 5.90
 ### ###

Mix variance

RM SM in AQ Am in AQ SP
A 8,935,000 9,220,000 6.40
B 5,956,667 5,800,000 4.85
C 2,978,333 2,850,000 5.90

Yield Variance

Rm Sq AQ Sp
A 8,910,000 8,935,000 6.40
B 5,940,000 5,956,667 4.85
C 2,970,000 2,978,333 5.90
### ###

Yield Variance
Total Consumption Actual ###
Expected Output (yield) 1,323,704
Actual Output (yield) 1,320,000
Short output 3,704
Std cost per unit 78.30
Variance 290,000
 Cost per Kg
Cost Last 6 First 6 Waverage
6,744,430 6.65 6.05 6.35
3,883,100 5.15 4.68 4.92
1,390,800 6.10 5.55 5.82

103,356,000

(103,633,091)
(277,091)

Variance
481,954.55
(382,272.73)
220,227.27
319,909

Units

Variance
(1,984,000)
679,000
708,000
 (597,000)

Variance
(1,824,000)
759,833
757,167
(307,000)

Variance
(160,000)
(80,833)
(49,167)
(290,000)