DOTCH STE SE TOROWE Chemical Echol Protex Benz CT-40 Total Echol Protex Benz CT-40 Mix Total 200 liters 100 250 50 600 ters SP $0.200 0.425 0.150 0,300 Standard Cost $40.00 42.50 37.50 15.00 The quantities of chemicals purchased and used during the current production period are shown in the following schedule. A total of 120 batches of Gas Gain were manufactured during the current production period. Energy Products determines its cost and chemical usage variations at the end of each production period, Chemical Quantity Used 22,800 ters 11,040 32,400 6,480 72,720 ters $135.00 Required: Compute the total direct materials usage variance, and then break down this variance into its mix and yield components. Do not round intermediate computations and round final answers to the nearest cent. (CMA adapted)

DOTCH STE SE TOROWE Chemical Echol Protex Benz CT-40 Total Echol Protex Benz CT-40 Mix Total 200 liters 100 250 50 600 ters SP $0.200 0.425 0.150 0,300 Standard Cost $40.00 42.50 37.50 15.00 The quantities of chemicals purchased and used during the current production period are shown in the following schedule. A total of 120 batches of Gas Gain were manufactured during the current production period. Energy Products determines its cost and chemical usage variations at the end of each production period, Chemical Quantity Used 22,800 ters 11,040 32,400 6,480 72,720 ters $135.00 Required: Compute the total direct materials usage variance, and then break down this variance into its mix and yield components. Do not round intermediate computations and round final answers to the nearest cent. (CMA adapted)

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 1EB: Given the following information, determine the equivalent units of ending work in process for...

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