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Please Solve it correctly and step by step : PLEASE !!!! 3. XY Limited provides the following information from their records. For producing 10 kgs.
Please Solve it correctly and step by step :
PLEASE !!!!
3. XY Limited provides the following information from their records. For producing 10 kgs. of Product P, the standard material requirement is: Material A B Quantity(kgs.) Rate per Kg.(Rs.) 8 3 4 2 2,000 kgs. of Product P' were produced during September 2021. The actual consumption of material is as under: Material A B Quantity(kgs.) 1,500 1,020 Rate per Kg.(Rs.) 4 3 Calculate: (i) (ii) (iii) (iv) Material Cost Variance Material Price Variance Material Usage Variance Material Mix Variance Material Yield VarianceStep by Step Solution
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