Answered step by step
Verified Expert Solution
Question
1 Approved Answer
13. The following information are given: Standard: Material A B C 10 Quantity Standard Price per kg 00 8 Rs.5 20 Rs.6 Rs.7 Actual: Material
13. The following information are given: Standard: Material A B C 10 Quantity Standard Price per kg 00 8 Rs.5 20 Rs.6 Rs.7 Actual: Material Quantity Actual Price per kg A 120 Rs.4 B 80 Rs.5 C 200 Rs.8 Standard Loss is 10% and Actual output is 390 kg Required: Material Variances (5 x2-10)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started