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I do not have the Kaplan Kit – only the BPP Revision Kit – so I am unable to help you.
(If it is labelled as being a past exam question, then tell me the date of the exam because I have all past exams.)
Mr. Green makes salads. The standard plate of salad has 30 g of lettuce (L), 50 g of peppers
(P) and 80 g of beetroot (B). The standard prices of the three ingredients are $0.2/kg,
0.4/kg and 0.8/kg respectively. The actual prices were $0.22/kg, $0.38/kg and $0.82/kg.
Mr. Green has been experimenting and so in July he changed the mix of vegetables on the
plate thus: 1,500 plates contained 62,000 grams of lettuce, 81,000 grams of peppers and
102,000 grams of beetroot.What is the cost difference between the actual mix and the standard mix (to the nearest
cent)?Answer: $11.59
AQAM AQSM Difference Standard Variance
Kgs Kgs Kgs $/kg $
Lettuce 62 45.94 –16.06 0.22 –3.53 A
Peppers 81 76.56 –4.44 0.38 –1.69 A
Beetroot 102 122.50 20.50 0.82 16.81 F
Material Mix variance 11.59 FWhat you have copied out is certainly not the mix variance. The mix variance is calculated using the standard costs as I explain in my free lectures.
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