Standard costing
Ravi SADhiyan (CA Final) 23 March 2019
Standard Qty 18000 Rate 10
Actual
Normal Qty 20,000 Rate 12
Emergency Qty 5000 Rate 20
Calculate Material Price And Usgae Variance
Lisha Bansal (CA Finalist) 26 March 2019
Material price variance= Rs. 50000(A)
Material usage variance= Rs. 110000(A)
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