. In a manufacturing process, following standards apply:

Standard prices: Raw Material A Rs 10/Kg and B Rs 50/kg

Standard Mix 75% of A and 25% of B (By weight)

Standard output 90% of the raw material (in weight)

In a particular period, actual costs, usages and output were as follows:

4400 kg of A costing Rs 46,500

1600 kgs of B costing Rs 78,500

Output was 5670 kgs of the product.

The budgeted output of the period was 7200 kgs.

Calculate all material variances.

. In a manufacturing process, following standards apply:

Standard prices: Raw Material A Rs 10/Kg and B Rs 50/kg

Standard Mix 75% of A and 25% of B (By weight)

Standard output 90% of the raw material (in weight)

In a particular period, actual costs, usages and output were as follows:

4400 kg of A costing Rs 46,500

1600 kgs of B costing Rs 78,500

Output was 5670 kgs of the product.

The budgeted output of the period was 7200 kgs.

Calculate all material variances.

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