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Liquid Co produces a cleaning product, Wipeaway, by mixing three chemicals. The standard cost per unit of one litre of Wipeaway is as follows:
In month 1, the actual mix used was 610 litres of X, 444 litres of Y and 690 litres of Z. The actual output was 1,450 litres of Wipeaway. The total material mix variance reported was nearest to: A. $62 (F) B. $38 (F) C. $38 (A) D. $62(A) |