快速查题-ACCA英国注册会计师试题

The following statements relate to the materials mix variance: 

(i) A favourable total mix variance would suggest that a higher proportion of a cheaper material is being used instead of a more expensive one.

 (ii) A favourable total mix variance will usually result in a favourable material yield variance. 

Which of the above statements are true? 

 JC Ltd mixes three materials to produce a chemical SGR. The following extract from a standard cost card shows the materials to be used in producing 100 kg of chemical SGR: 

What is the total material mix variance? 

 Product GX consists of a mix of three materials, J, K and L. The standard material cost of a unit of GX is as follows: 

                                                                                        $ 

Material J                        5 kg at $4 per kg               20 

Material K                       2 kg at $12 per kg             24 

Material L                        3 kg at $8 per kg               24 

During March, 3,000 units of GX were produced, and actual usage was: 

Material J                                        13,200 kg 

Material K                                         6,500 kg 

Material L                                          9,300 kg 

What was the materials yield variance for March? 

 Mr. Green makes salads. The standard plate of salad has 30 g of lettuce (L), 50 g of peppers (P) and 80 g of beetroot (B). The standard prices of the three ingredients are $0.2/kg, 0.4/kg and 0.8/kg respectively. 

Mr. Green has been experimenting and so in July he changed the mix of vegetables on the plate thus: 1,500 plates contained 62,000 grams of lettuce, 81,000 grams of peppers and 102,000 grams of beetroot. 

What is the yield variance (do not round your answer)? 

Choose the appropriate words from those highlighted. 

 The materials mix variance is calculated as the difference between the standard/actual total quantity used in the standard/actual mix and the standard/actual quantities used in the standard/actual mix, valued at standard/actual costs. 

 Choose the appropriate words from those highlighted.  

The materials yield variance is calculated on the difference between the standard/actual input for standard/actual output, and the standard/actual total quantity input (in the standard/actual mix), valued at standard/actual costs. 

 Choose the appropriate words from those highlighted 

The sales mix variance is calculated as the difference between the standard/actual quantity sold in the standard/actual mix and the standard/actual quantity sold in the standard/actual mix, valued at standard/actual margin per unit. 

Choose the appropriate words from those highlighted 

The sales quantity variance is calculated as the difference between the standard/actual sales volume in the budgeted proportions and the budgeted sales volumes, multiplied by the standard/actual margin. 

Spendthrift Co purchased 6,850 kg of material at a total cost of $32,195. The material price variance was $1,370 adverse.  The standard price per kg was $ ________  (to the nearest cent) 

A standard unit of product contains two materials, P and Q. The standard direct materials cost is:  

                                                                                                                                $ 

Material P                            0.1 kg at $8 per kg                                               0.8 

Material Q                            0.3 kg at $4 per kg                                               1.2 

Total direct material cost                                                                                   2.0 

Management can control the mix of the materials and so, in standard costing variance reports, direct materials variances are reported as mix and yield variances. 

In the period just ended, 45,000 units of finished products were made. They used 6,900 kg of Material P, which cost $7 per kg, and 12,600 kg of Material Q, which cost $5 per kg. 

What was the adverse direct materials yield variance? 

$ ________