Standard cost per unit of X: Material 50 kg @ ₹40/kg Actual production 100 units Actual material cost ₹42/kg Material price variance 9800 A Material usage variance 4000 F Ascertain the actual quantity of material used :
CS Executive · Cost and Management Accounting · PYQS · December 2019
Standard cost per unit of X: Material 50 kg @ ₹40/kg Actual production 100 units Actual material cost ₹42/kg Material price variance 9800 A Material usage variance 4000 F Ascertain the actual quantity of material used :
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Standard Costing
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