Find out the Material variances: Materials Std. Qty. Std. Price Actual Qty. Actual Price (Kg) (Rs.) (Kg.)

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Find out the Material variances:

Materials Std. Qty. Std. Price Actual Qty. Actual Price

(Kg) (Rs.) (Kg.) (Rs.)

A 50 2 60 3 B 25 5 30 4 75 90

[Ans.: (i) MVC : A = Rs. 80 (Adv.), B = Rs. 5 (Fav.); (ii) MPV: A = Rs. 60 (Adv.);

B = Rs. 30 (Far:. (iii) MUV: A = Rs. 20 (Adv.); B = Rs. 25 (Adv.);

(iv) MMV = Nil (v) MSUV = Rs. 45 (Adv.)]

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