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Suba, an engineering industrial enterprise manufactured 1 0 0 items of product XY Compute material cost variances from the information given below Standard

Suba, an engineering industrial enterprise manufactured 100 items of product "XY"
Compute material cost variances from the information given below
Standard quantity 2 kg per item
Standard price Rs 5 per kg
Actual quantity 3 kg per item
Actual Price Rs 4 per item

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