It was budgeted that to produce 20,000 concrete building blocks in one month would require (100,000 mathrm{~kg})

Question:

It was budgeted that to produce 20,000 concrete building blocks in one month would require \(100,000 \mathrm{~kg}\) of material. In the month of May, only 16,000 blocks were produced, using \(80,080 \mathrm{~kg}\) of material. The standard cost of materials is \(£ 3\) per \(\mathrm{kg}\). What is the materials usage variance?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: