From the following figures given to you, calculate material variances: The standard production for the period is

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From the following figures given to you, calculate material variances: image text in transcribed

The standard production for the period is 400 units, for which the standard quantity allowances for material are 30 kgs. of X and 25 kgs. of Y. Actual production for the period is 192 units.

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Management Accounting Text Problems And Cases

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From the following figures given to you, calculate material variances: The standard production for the period is

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Particulars Material X Material Y Standard price per kg. *240 Actual price paid per kg. 227.50 Actual quantity (kgs.) 16 320 308 13

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Management Accounting Text Problems And Cases

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