Question: ABC Ltd has calculated that during October 20X8 it used 23,430kg of material for production of a single product at a standard cost of $55

ABC Ltd has calculated that during October 20X8 it used 23,430kg of material for production of a single product at a standard cost of $55 per kg. The total material variance was $14,484 Favourable (F) with the material price variance $7,688 Adverse (A).

What was the standard allowed quantity (in kg) of material that Waste Ltd should have used for the production achieved (to the nearest kg)?

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