Solution-What is the total materials mix variance

What is the total materials mix variance

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Reference no: EM133041170

Problem - Busan Products Company manufactures applesauce. In order to get the perfect flavor, color and consistency, the company must mix two types of apples, red and yellow. Busan Products Company collected the following direct materials input standards to produce one ton of applesauce:

Amount of red apples allowed 3.50 tons

Amount of yellow apples allowed 1.50 tons

Price per ton of red apples P125

Price per ton of yellow apples P100

During July, 4 tons of applesauce are produced using 18.50 tons of apples (14 red, 4.5 yellow). All variances are related to direct materials used. Red apples actually cost P150 per ton and yellow apples cost P100 per ton. What is the total materials mix variance?

Reference no: EM133041170

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What is the total materials mix variance

Reference no: EM133041170

Reference no: EM133041170

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