Question

Pratibha company manufactues a product.It is estimated that for each kg of material consumed 100 articles should be produced. The standard price per kilo of material is rupees 10.During the month of Januauary 2010,200 kg oh material were issued for production,the price of which was rupees 21 per kg.production during the month was 20,500 articles.
calculatea.
a. Material cost variance.
b. Material price variance
c. Material usage variance
d..Materila yield variance


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Answer 1

Answer:

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