Question

3.
You are required to Compute all variances for a product X, the standard cost data per
unit of output for which are as follows:
Direct material
20kg @ Rs. 10per kg
Direct labour
12 hours at Rs. 5.50 per
hour
Variable overheads
12 hours at Rs. 10 per hour
Fixed overheads
a normal
Rs.9,00,000 per month based on
volume of 60,000 direct labour hours
Selling price
Rs. 600 per unit
The costs incurred and other relevant information for the month of June2020 are as
under
Direct material used
1,00,000 kg at a cost of Rs. 10,50,000
Direct wages paid
Rs. 3,10,000 for 62,000 hours worked
Overheads
Rs. 15,26,000 out of which a sum of Rs.9,40,000
is Fixed
Actual output
4,800 units sold for Rs. 28,32,000
Assume no stocks of work-in-progress or finished goods at the beginning or at the end
of the month.​

Answer 1

Answer:

I am only 9 standard no 11,12 standard okkk