CIMA Management Accounting P1 Question # 67 Topic 7 Discussion

CIMA Management Accounting P1 Question # 67 Topic 7 Discussion

P1 Exam Topic 7 Question 67 Discussion:
Question #: 67
Topic #: 7

A company makes a product using two materials, X and Y.

The standard materials required for one unit of the product are:

P1 Question 67

What is the direct material mix variance for Material X, using the individual valuation basis?


A.

$480F


B.

$300F


C.

$160A


D.

$640A


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