πŸ“Š Management Accounting
Q. Company has a material standard of 1.1 kg. per unit of output. Each kg. has a standard price of Rs.25 per. Company paid Rs.1,18,800? for 5,100 kg. which they used to produce 4,900 units. What is the direct materials quantity variance?
  • (A) Rs.7,250 favourable
  • (B) Rs.5,000 favourable
  • (C) Rs.7,250 unfavourable
  • (D) Rs.5,000 unfavourable
πŸ’¬ Discuss
βœ… Correct Answer: (A) Rs.7,250 favourable

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