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100% sure then attempt this question. Following data is extracted from the books of XYZ Ltd. for the month of January, 2023: 1. Estimation: Normal
100% sure then attempt this question.
Following data is extracted from the books of XYZ Ltd. for the month of January, 2023: 1. Estimation: Normal loss was expected to be 10% of total input materials. 2. Actuals: 1480kg of output produced. 3. Other Information: Material Cost Variance 3,625 (F) Material Price Variance 175 (F) You are required to calculate: Following data is extracted from the books of XYZ Ltd. for the month of January, 2023: 1. Estimation: Normal loss was expected to be 10% of total input materials. 2. Actuals: 1480kg of output produced. 3. Other Information: Material Cost Variance 3,625 (F) Material Price Variance 175 (F) You are required to calculateStep by Step Solution
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