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Question 7 [2 marks] Last month 77,000 Kgs of direct material were purchased and 71,000 Kgs were used. If the actual purchase price per kg

Question 7 [2 marks] Last month 77,000 Kgs of direct material were purchased and 71,000 Kgs were used. If the actual purchase price per kg was Rs.0.50 more than the standard purchase price per kg then what would be the materials price variance

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