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in hand writing please if possible 015 Meterial & Labour Varances with General and Closing Entries: The Standard and Actual cost data of Mateen Lunited
in hand writing please if possible
015 Meterial & Labour Varances with General and Closing Entries: The Standard and Actual cost data of Mateen Lunited is as follows: Standard Direct Materal 1.500 Unit @ Rs. 11.00 per Unit Direct Labour 2.700 Hours @ Rs. 16.00 per Hour Actual Direct Material Durect Labour 1.350 Units @ Rs. 13.10 per Unit 3.100 Hours @ Rs. 14.50 per Hour REQUIRED Material Price Variance and Material Quantity Variance 2 Labour Rate Variance and Labour Time Variance 3 General Journal Entries to record the above information and to close the variance accountsStep by Step Solution
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