Standard costing vs variance

This topic has 1 reply, 2 voices, and was last updated 2 years ago by John Moffat.

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July 24, 2023 at 9:56 am #688795
Davies@3
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Good Day John

I have a question

Eg
D.Material 2tonnes @k5 per tonne

Actual production and sold 3000tonnes

Actual results:
D material bought and used 3400tonnes

Required
Calculate material usage variance

I understand from the questions you did in the open tuition on variance where standard material usage was in kgs/unit
and multiply units produced..to get the standard material usage in kgs..

Your response will be highly appreciated sir
July 24, 2023 at 3:14 pm #688810
John Moffat
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- Topics: 57
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You have posted this question twice for some reason. I have answered your other post.
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