Standard costing


CA Final

Standard   Qty 18000    Rate 10 

Actual 

Normal  Qty 20,000 Rate  12

Emergency Qty 5000 Rate 20 

Calculate Material Price And Usgae Variance 

 

 
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CA Finalist

Material price variance= Rs. 50000(A)

Material usage variance= Rs. 110000(A)

 
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CA Final

Kindly share solution 

 
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