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Calculate the material cost variance, material usage variance, and material mix variance from the following data: Material Standard Actual X 360 units@ SR 10 each
Calculate the material cost variance, material usage variance, and material mix variance from the following data:
Material | Standard | Actual |
X | 360 units@ SR 10 each | 376 units @ SR 9 each |
Y | 280 units @ SR 8 each | 304 units @ SR 9 each |
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