Question
Cultco company ltd has set the following direct material standards per unit of product:2.5kg @ $3 .00 per kg ;$7.50 per unit .during april,actual direct
Cultco company ltd has set the following direct material standards per unit of product:2.5kg @ $3 .00 per kg ;$7.50 per unit .during april,actual direct material purchased and used amounted to 8000 kg at a cost of $ 3.10 per kg.actual production amounted to 3000units. Determine the total material variance.
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Financial Accounting
Authors: Anne Britton, Christopher Waterston
3rd Edition
027365859X, 978-0273658597
