Calculate material mix variance
Standard mix for one unit of product ‘X' is : Material A 50 Kg @ $ 10 Per Kg Material B 75 Kg @ $ 20 Per Kg Total Input 125 Kg (50+75) Actual mix used was Material A 60 Kg @ $ 12 Per Kg Material B 65 Kg @ $ 18 Per Kg Calculate Material Mix Variance.
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If this experiment is completed without replacing the marbles each time, explain why x is not a binomial random variable.
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Find the following (a) Material Cost Variance (b) Material Price Variance (1) At the point of consumption (2) At the point of purchase (3) Material usage variance On the basis of following data.
Standard mix for one unit of product ‘X' is : Material A 50 Kg @ $ 10 Per Kg Material B 75 Kg @ $ 20 Per Kg Total Input 125 Kg (50+75) Actual mix used was Material A 60 Kg @ $ 12 Per Kg Material B 65 Kg @ $ 18 Per Kg Calculate Material Mix V
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As a result of performing tests of controls, the auditor identified a significant deficiency in internal control over financial reporting; however, the auditor does not believe that it represents a material weakness in internal control.
A 125-g metal block at a temperature of 93.2 °C was immersed in 100. g of water at 18.3 °C. Given the specific heat of the metal (s= 0.900 J/g·°C), find the final temperature of the block and the water.
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