Question 4 Bethesda lidare a small company who produce homebrew kits. They have been strugging in recent months and have

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Question 4 Bethesda Lidare A Small Company Who Produce Homebrew Kits They Have Been Strugging In Recent Months And Have 1 (22.12 KiB) Viewed 70 times

Question 4 Bethesda lidare a small company who produce homebrew kits. They have been strugging in recent months and have appointed a Management Accountant. Richard. to help them control the business The homebrew kits are produced in batches or a max The homebrew kits are manufactured in a proces which requires the following standard mac Pric Quantity Cost Hope Molt Water Yeast 25 20 300 5 3.00 4.00 0.10 1.00 75 00 10.00 30.00 5.00 190.00 Each me should produce 800 kits During Apr 2021, the actual output wat 46,400 kiht, from the following input Material Quantity Price Cost Hops Mit Water Yeast 1800 1250 18500 200 3.30 4.00 0.12 0:00 5280 5000 2220 261 12751 Required a. For the month of Apel calculate for each material 1. price range, 2. usage variance 3. mix variance 4. yield variance (10 marks) b. Identity the four different types of standards which could be used and the effects the choice of standard would have on the variances calculated (10 marks Total:20 marks