Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A manufacturing company uses two types of material to produce one unit of their product. Details of standard requirement are: Material X 50 units @OMR

image text in transcribed

A manufacturing company uses two types of material to produce one unit of their product. Details of standard requirement are: Material X 50 units @OMR 8 per unit and Material Y 60 units @ OMR 9 per units. Details of actual material consumption for one unit of the product during November 2020 are: Material X 40 units @OMR 11 per unit and Material Y 55 units @ OMR 10 per units. Find out Revised Standard Quantity of material. a. X-43.18 units, Y - 51.82 units b. X- 34.55 units, Y - 47.50 units C. X- 57.89 units, Y - 69.47 units d. X- 46.32 units, Y-63.68 units

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting The Basis For Business Decisions

Authors: Robert F. Meigs, Walter B Meigs

5th Edition

007041551X, 9780070415515

More Books

Students also viewed these Accounting questions

Question

=+2. About the body copy (review chapter 3).

Answered: 1 week ago

Question

=+i. Does it reflect the brand's personality?

Answered: 1 week ago

Question

=+. Does it speak from the audience's point of view?

Answered: 1 week ago