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A Company Makes a Product Using Two Materials,one of Which

Question 33

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A company makes a product using two materials,one of which is interchangeable with a third material.The standards for producing one 200-pound batch are presented below.The last 200-pound batch was produced using 140 pounds of M and 90 pounds of O.The price of M was $0.03 per pound and the actual price of O was $0.10. A company makes a product using two materials,one of which is interchangeable with a third material.The standards for producing one 200-pound batch are presented below.The last 200-pound batch was produced using 140 pounds of M and 90 pounds of O.The price of M was $0.03 per pound and the actual price of O was $0.10. What is the materials mix variance? A) $1.68. B) $3.00. C) $1.32. D) $0.84. What is the materials mix variance?


A) $1.68.
B) $3.00.
C) $1.32.
D) $0.84.

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