The standard material cost of fabric specified for a particular garment is 4.50, comprising three metres at
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The standard material cost of fabric specified for a particular garment is £4.50, comprising three metres at £1.50 per metre.
Last week, 1,000 garments were made using 3,200 metres of fabric bought in at £1.40 per metre. Calculate the total material cost variance and analyse further the material price variance and material usage variance.
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