Actual Quantity : 210 Kg Standard price : $12 per Kg Standard quantity requirement of material :
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Question:
Actual Quantity : 210 Kg
Standard price : $12 per Kg
Standard quantity requirement of material : 200 Kg
Actual Price : $ 13 per Kg
Find :
Material Usage Variance
Material Price Variance
Material Cost Variance
Actual Quantity: 840 Kg Standard price: $48 per Kg Standard quantity requirement of material: 800 Kg Actual Price: $52 per Kg Find: Material Usage Variance,Material Price Variance and Material Cost Variance
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