Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

For ABC co. standard material usage was 1 kg per unit produced at a cost of Rs. 10 per kg. They produced 200 units by

For ABC co. standard material usage was 1 kg per unit produced at a cost of Rs. 10 per kg. They produced 200 units by using 120 kgs at a cost of Rs. 1,320. Calculate the flexible budget variance.

A. Rs. 800 favourbale

B. Rs. 0

C. Rs. 680 unfavourable

D. Rs. 680 favourable

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

Mastering 21st Century Enterprise Risk Management

Authors: Gregory M Carroll

1st Edition

1483510441, 9781483510446

More Books

Students also viewed these Accounting questions

Question

8. How can an interpreter influence the message?

Answered: 1 week ago

Question

Subjective norms, i.e. the norms of the target group

Answered: 1 week ago