Anda di halaman 1dari 1

Cement PLC manufactured 10,000 bags of cement during the month of January.

Following raw materials were purchased and consumed by Cement PLC during the
period:

Material Quantity Actual Price Standard Price


Limestone 100 tons $75/ton $70/ton
Clay 150 tons $20/ton $24/ton
Sand 250 tons $10/ton $12/ton
Calculate the material price variance. [10]

ABC PLC is a fertilizer producer which specializes in the manufacture of NHK-II (a


chemical fertilizer) and ORG-I (a types of organic fertilizer).

Following information relates to the sale of fertilizers by ABC PLC during the period:
Material Quantity Actual Price Standard Price
NHK-II 200 tons $380/ton $400/ton
ORG-I 300 tons $660/ton $600/ton
Calculate the Sales price variance and interpret it providing possible explanations for
the variance [10]

DM is a denim brand specializing in the manufacture and sale of hand-stitched jeans


trousers. DM manufactured and sold 10,000 pairs of jeans during a period. Information
relating to the direct labour cost and production time per unit is as follows:
Actual Hrs/Unit Std Hrs/Unit Actual Rate/Hr Std Rate/Hr
Direct Labour 0.50 0.60 $12 $10
Calculate the labour rate variance and interpret it providing possible explanations for
the variance [10]

Anda mungkin juga menyukai