Kg 18,000 Calculate Material Price Variance and Material Usage Variance: Standard (1 FG) Rate 10 Amount () 1,80,000 Kg 20,000 5,000 Actual (1 FG) Rate 12 20 Amount ( 2,40,000 1,00,000 After analysing, it was found that out of 25,000 unit, 5,000 units were purchased as an emergency order at higher rate @20.