manufacturing concern which has adopted standard costing furnishes the following
Standard
100
Material for 70 kg Finished Products
Price of Materials
berk
Output
3.10.000 kg
2.30.000 kg
722.000
w Meral Usage Variance
Price Variance
o Material Cost Variance
Ans.(a) 20,000 (F). (6) 28,000 (F. 48.000 FT
Hint: Standard quantity of actual output, 3.00.000 kgs.
Achal Price per. 7090.)
7.
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manufacturing concern which has adopted standard costing furnishes the following
Standard
100
Material for 70 kg Finished Products
Price of Materials
berk
Output
3.10.000 kg
2.30.000 kg
722.000
w Meral Usage Variance
Price Variance
o Material Cost Variance
Ans.(a) 20,000 (F). (6) 28,000 (F. 48.000 FT
Hint: Standard quantity of actual output, 3.00.000 kgs.
Achal Price per. 7090.)
7.
Explanation:
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