Calculate material mix variance using original


For material A whose original standard consumption is 800 units at $24 as well as its actual consumption is 640 units at $ 26.Similarly for material B whose original standard consumption is 400 units at $ 20 as well as its actual consumption is 520 units at $ 20.It is decided to revise the standard consumption of material A to 680 and that of material B to 40 units to improve the quality of the product.Calculate material mix variance using Original Standard Mix Ratio, Revised Standard Mix Ratio.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Calculate material mix variance using original
Reference No:- TGS0696251

Expected delivery within 24 Hours