The following information is given : Standard: 196 kg material for 140 units of finished output @ ₹2 per kg. Actual: Output 4,200 units, material used 5600 kg., cost of material ₹1,00,800. Material usage variance will be
CS Executive · Cost and Management Accounting · PYQS · June 2019
The following information is given : Standard: 196 kg material for 140 units of finished output @ ₹2 per kg. Actual: Output 4,200 units, material used 5600 kg., cost of material ₹1,00,800. Material usage variance will be ________.
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Standard Costing
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