Question

A chemist manufactures a compound chemical by combining two other chemicals, chemical X (with a standard price N$60/kg) and chemical Y (with a standard price N$45/kg) in the ratio 60 %: 40%. 10% of input is lost during processing. In April 1200 kg of the compound chemical is produced incurring a total cost of N$69600. Calculate the total material cost variance

Answer 1

Explanation:

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