Question

. . During the month of September 2010,7,800 kg. of material was purchased at a total cost of 16,380. The stocks of material increased by 440 kg. It is the company's policy to value the stocks at standard purchase price. If the material price variance was 1,170 (Adverse), the standard price per kg. of material is​

Answer 1

$\frac{16,380 - 1,170}{7800} = 1.95$

₹1.95 is the answer.