Calculate Material variances from the following data: Material Standard Actual Std. Qty. Rate Amount Qty. Rate Amount

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Calculate Material variances from the following data:

Material Standard Actual Std. Qty. Rate Amount Qty. Rate Amount A 10 2 20 5 3 15 B 20 3 60 10 6 60 C 20 6 120 15 5 75 50 200 30 150

[Ans: MCV = Rs. 50 (Fav.); MPV = Rs. 20 (Adv.); MUV = Rs. 70

(Fav.); MMV = Rs. 10 (Adv.); MSUV = Rs. 80 (Fav.)]

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Zero To Mastery In Accounting Become A High Level Accounting Manager

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Authors: HECTOR ROBINETT

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Question Posted: Jul 20, 2024 02:04 AM

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Calculate Material variances from the following data: Material Standard Actual Std. Qty. Rate Amount Qty. Rate Amount

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Zero To Mastery In Accounting Become A High Level Accounting Manager

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