From the following data, Calculate a) Material Cost Variance b) Material Price Variance c) Material Usage...
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From the following data, Calculate a) Material Cost Variance b) Material Price Variance c) Material Usage Variance. Materials X Y Z Standard Quantity Kg. 8,000 3,000 2,000 Standard Price Actual Quantity Kg. 7,500 3,300 2,400 Rs. 1.05 2.15 3.30 Actual Price Rs. 1.20 2.30 3.50 From the following data, Calculate a) Material Cost Variance b) Material Price Variance c) Material Usage Variance. Materials X Y Z Standard Quantity Kg. 8,000 3,000 2,000 Standard Price Actual Quantity Kg. 7,500 3,300 2,400 Rs. 1.05 2.15 3.30 Actual Price Rs. 1.20 2.30 3.50
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a Material Cost Variance Material Cost Variance Standard Quantity Standard Price Actual Quanti... View the full answer
Related Book For
Management Accounting
ISBN: 9780077185534
6th Edition
Authors: Will Seal, Carsten Rohde, Ray Garrison, Eric Noreen
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