The Following Information Was Provided For The Month Of January Standard Direct Mate 2844427
The following information was provided for the month of January Standard direct material cost per unit of product X – Rs.130 Per 1kg @ 2kg – Rs. 260 Actual Production for the month of January – 48,000 units Actual Material purchased – 100,000kg @Rs.120 Calculate the variances (a) DM Price Variance (b) DM Usage Variance (c) DM Cost Variance DM Cost Variance
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