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.

Question

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.

Quizplus · Accepted Answer

The Answer of 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.

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