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The following information is applicable for Questions 28 & 29 Standard costing is used to control the material costs of product Alpha. No material

The following information is applicable for Questions 28 & 29 Standard costing is used to control the material costs of product Alpha. No material inventories are held. The following data are available for product Alpha during May. Budget Actual Production units 6,000 6,300 Material usage 48,000 kg 51,150 kg Material cost R576,000 R562,650 What is the material variance? 7 A- BI @ &

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