Standards 200 kg material at 4 per kg for 140 kg finished, Ask an Expert

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Standards: 200 kg material at 4$ per kg for 140 kg finished product. Actual: Output 42000 kg, material used 56000 kg. Cost of material 100800$. Calculate material cost variance, material price variance, material usage variance for the specified data?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9966337

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