Q 2. Rajesh Ltd. uses a standard costing system in the manufacture of its single product. The
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Q 2.Rajesh Ltd. uses a standard costing system in the manufacture of its single product. The standard cost of 21,000 units of product is Rs. 1,05,000, and two units of raw material are required to produce one unit of final product. In December, the company produced 12,000 units of product. The standard allowed for material was Rs. 60,000, and there was an unfavorable material variance of Rs. 2,500. Assuming that the material price variance is nil, find the units of material used to produce December output totaled
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