NPP
238
Management Accounting
3.6. Calculate (1) Material Cost Variance (ii) Material Price Variance (iii) Material Usage Variance
from the following information:
Units Produced
2000
Raw Material Purchased
12,000 kg. for 30,000
Closing Stock of Raw Material
1000 kg
Standard Quantity Per unit
5 kg
Standard Price
32
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Answer:
Any one of the triangles with the correct answer
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