In a Brass Foundary ,the standard mixture consists of 70% copper and 30% zinc .The standard loss of Production in a month , calculate Variances from the standard: Copper 2900 kg @₹14 2800kg (Standard) Zink 1100 kg @₹4 1200kg (standard) Actual output 3690kg.
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MCV=₹100 (F) MPV= NIL MUV= ₹100 (FaV) MYV (orMRUV)= ₹ 1100 (F) MMV = ₹ 1000(A)
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