It is estimated that a product requires 50 units of material at the rate of OMR...
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It is estimated that a product requires 50 units of material at the rate of OMR 30 per unit. The actual consumption of material for manufacturing the same product came to 60 units at the rate of OMR 28.200 per unit. Calculate MCV, MPV and MUV. (3 Marks) It is estimated that a product requires 50 units of material at the rate of OMR 30 per unit. The actual consumption of material for manufacturing the same product came to 60 units at the rate of OMR 28.200 per unit. Calculate MCV, MPV and MUV. (3 Marks)
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Answer rating: 100% (QA)
Standard Cost Quantity 50 x Rate Amount 30 1500 Actual Cost Quantity Rate Amoun... View the full answer
Related Book For
Federal Taxation 2018 Corporations, Partnerships, Estates & Trusts
ISBN: 9780134550923
31st edition
Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson
Posted Date:
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