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The standard and actual figures of product 'Z' are as under: Standard Actual Material quantity 50 units 45 units Material price per unit `Rs 1.00

The standard and actual figures of product 'Z' are as under:

Standard Actual

Material quantity 50 units 45 units

Material price per unit `Rs 1.00 ` Rs 0.80

CALCULATE material cost variances.

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