Question

The standard material required to manufacture
one unit of Product A is 10kg. and the standard price
per kg. of material is Rs. 2.50 the cost account records,
however, reveal that 11500 kg. of materials
costing Rs. 27,600 were used for manufacturing 1000 units
of product A. calculate material variances.
records​

Answer 1

Step-by-step explanation:

The standard material required to manufacture

one unit of Product A is 10kg. and the standard price

per kg. of material is Rs. 2.50 the cost account records,

however, reveal that 11500 kg. of materials

costing Rs. 27,600 were used for manufacturing 1000 units

of product A. calculate material variances.

records