The standard quantity of materials per unit of production for a product is 5 kg. Actual production

Question:

The standard quantity of materials per unit of production for a product is 5 kg. Actual production for the period was 250 units and actual material usage was 1450 kg. The standard cost per kg of materials was £1 . Because of a shortage of skilled labour, it has been necessary to use unskilled labour and it is estimated that this will increase the material usage by 20%.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: