standard costing doubt???

pls sovle this question

 

std cot per unit of X

material 50 kg @ rs 40 per kg

actual production 100 units

actual material cost rs 42 per kg

mat price variance 9800 adverse

material usage variance 4000 faverouble

calculate the actual quantity of material used??

 

pls help me ..

Replies (1)

MATERIAL PRICE VARIANCE = ACTUAL QTY USED (STANDARD PRICE - ACTUAL PRICE )

                       -9800 = A.Q. (40 - 42)

                       -9800 = A.Q. (-2)

                    ACTUAL QTY = 4900 KG.

 

YOU CAN VERIFY THIS ANSWER WITH CALCULATING USAGE VARIANCE :

MAT. USAGE VAR. = STANDARD PRICE (STANDARD QTY - ACTUAL QTY USED )

                                 = 40 ((100*50) - 4900)

                                 =40 (5000 - 4900)

                                = 40 (100)

                                = 4000 (FAVOURABLE)

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
26 September 2026
Chartared Accountant

pushpganga ventures

Pune

CA

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details