The following information of materials are given: Standard: Material Quantity (Kg) Standard Price per kg A 4 Rs 8 B 5 Rs 7 C 11 Rs 5 Material…
2024 · Solved Question with Answer
The following information of materials are given:
Standard:
| Material | Quantity (Kg) | Standard Price per kg |
| A | 4 | Rs 8 |
| B | 5 | Rs 7 |
| C | 11 | Rs 5 |
| Material | Quantity (Kg) | Standard Price per kg |
| A | 50 | Rs 7 |
| B | 60 | Rs 6 |
| C | 90 | Rs 5 |
Standard Loss is 10% and Actual output is 190 kg
Required: Material variances