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std cost

UUsman12y ago
Hi John sir, pray for your best health. John sir , TO calculate material price variance , we should use actual purchase in the formulae or we should use actual usage ? plz guide me. for example: Std price for actual purchase / usage xxx Actual price for actual purchase / usage xxx what should we use? actual purchase or actual usage?
John MoffatJohn MoffatTutor12y ago#1
Actual purchases :-)
UUsman12y ago#2
Thanks alot.
John MoffatJohn MoffatTutor12y ago#3
You are welcome :-)
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