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Standard costing

On 23 March 2019 2 Replies

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Ravi SADhiyan

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208 3544

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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CAclubindia Online Learning offers a wide variety of online classes and video lectures for various professional courses such as CA, CS, CMA, CISA as well as various certification courses on GST, Transfer Pricing, International Taxation, Excel, Tally, FM, Ind AS and more.

On 26 March 2019

Lisha Bansal

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Material price variance= Rs. 50000(A)

Material usage variance= Rs. 110000(A)

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On 27 March 2019

Ravi SADhiyan

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Kindly share solution

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