The standard cost of a chemical mixture is as follows: 4 tonnes of materials A at Rs.

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The standard cost of a chemical mixture is as follows:

4 tonnes of materials ‘A’ at Rs. 40 per tonne.

6 tonnes of material ‘B’ at Rs. 60 per tonne.

Standard yield 90% of input.

Actual cost for a period is as under:

4.5 tonnes of material A at Rs. 30 per tonne.

5.5 tonnes of material B at Rs. 68 per tonne.

Actual yield is 9.1 tonnes.

Calculate all material variances?

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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Question Posted: Jun 16, 2024 04:08 AM

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The standard cost of a chemical mixture is as follows: 4 tonnes of materials A at Rs.

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Cost Accounting

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