Question
Production records indicate that actual quanity of raw materials used for the previous month was 45,000 kg at $4 per kG to make 10,000 units.
Production records indicate that actual quanity of raw materials used for the previous month was 45,000 kg at $4 per kG to make 10,000 units.
The min. requirements of raw material is $5 per Kg for each finished products.
What is the material quantity variance?
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Performance Auditing Contributing To Accountability In Democratic Government
Authors: Jeremy Lonsdale, Peter Wilkins, Tom Ling
1st Edition
1848449720, 978-1848449725
