For manufacturing a certain quantity of product, the standard and actual fi gures relating to materials are as follows Calculate material yield variance Materials Standard Actual Qty (kgs) Price Qty (kgs) Price AB 90 Rs 4 140 Rs 3 80 60 Rs 5 60 Rs 5 20 150 200 Less Loss 30 34 120 166...

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For manufacturing a certain quantity of product, the standard and actual fi gures relating to materials are

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For manufacturing a certain quantity of product, the standard and actual fi gures relating to materials are as follows:

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Calculate material-yield variance.

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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Question Posted: Jun 16, 2024 04:07 AM

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For manufacturing a certain quantity of product, the standard and actual fi gures relating to materials are

Question:

Materials Standard Actual Qty (kgs) Price Qty (kgs) Price AB 90 Rs. 4 140 Rs. 3.80 60 Rs. 5 60 Rs. 5.20 150 200 Less: Loss 30 34 120 166

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Cost Accounting

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