Brussels Chocolate Company produces chocolates in large batches. One batch of chocolate has the following standard costs and amounts:

Brussels Chocolate Company produced 600 batches of chocolates in the most recent month. Actual input costs and per batch usage levels were as follows:

Required:
a. Calculate the total material input rate variance.
b. Calculate the total material efficiency variance.
c. Calculate the total labour rate variance.

Question

Brussels Chocolate Company produces chocolates in large batches. One batch of chocolate has the following standard costs and amounts:
   
Brussels Chocolate Company produced 600 batches of chocolates in the most recent month. Actual input costs and per batch usage levels were as follows:
  
Required:
a. Calculate the total material input rate variance.
b. Calculate the total material efficiency variance.
c. Calculate the total labour rate variance.

Quizplus · Accepted Answer

The Answer of Brussels Chocolate Company produces chocolates in large batches. One batch of chocolate has the following standard costs and amounts:
   
Brussels Chocolate Company produced 600 batches of chocolates in the most recent month. Actual input costs and per batch usage levels were as follows:
  
Required:
a. Calculate the total material input rate variance.
b. Calculate the total material efficiency variance.
c. Calculate the total labour rate variance.

Brussels Chocolate Company Produces Chocolates in Large Batches