Question
The standard cost of direct material is 3 per kg and the standard quantity 2 kg per unit of output. The actual cost is 3.10
The standard cost of direct material is 3 per kg and the standard quantity 2 kg per unit of output. The actual cost is 3.10 per kg and the actual quantity used is 1.8 kg per unit. 10,000 units are produced in the period. What is the direct material usage variance?
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Financial Accounting An International Introduction
Authors: David Alexander, Christopher Nobe
6th Edition
1292102993, 978-1292102993
