You are given the following data: | Standard | Actual Material P | 7 kg @ ₹3 | 880 kg @ ₹3.10 Material Q | 3 kg @ ₹5 | 320 kg @ ₹4.90 The material mix variance would be :
CS Executive · Cost and Management Accounting · PYQS · December 2020
You are given the following data: | Standard | Actual Material P | 7 kg @ ₹3 | 880 kg @ ₹3.10 Material Q | 3 kg @ ₹5 | 320 kg @ ₹4.90 The material mix variance would be :
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Standard Costing
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