( a ) The Standard Cost of Actual Consumption is 8 , 0 0 0 and Actual...
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Question:
a The Standard Cost of Actual Consumption is 8 and Actual Cost of Actual Consumption if 8 where as the standard cost of a product if Rs Calculate Material Price and Usage Variance.
b The Standard price of a material is Rs5 per kg and the actual price is Rs per kg
If Material Price Variance is F then calculate Actual Quantity of Material consumed.
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