standard price of materail per kg is RS.20, standard usage per unit of production is 5kg. actual

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standard price of materail per kg is RS.20, standard usage per unit of production is 5kg. actual usgae of production 100 units is 520 kgs, all of which was purchase at rate of 22 per kg.. what is materail cost variance

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Cost Management Accounting and Control

ISBN: 978-0324559675

6th Edition

Authors: Don R. Hansen, Maryanne M. Mowen, Liming Guan

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Posted Date: May 12, 2024 03:19 AM

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standard price of materail per kg is RS.20, standard usage per unit of production is 5kg. actual

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To calculate the material cost variance we need to compare the standard cost of materials based on t... View the full answer

Cost Management Accounting and Control

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