Material & labour variances, accounting, Basic Statistics

standard material qty per unit- 2 kg
standard price per kg - 4 rs
actual value of material purchased- 4000 rs
closing stock- 200 kg
actual usage- 2.5 kg
finished stock sold- 200 units
closing stock of finished goods- 40 units
find material cost variance?
Posted Date: 2/17/2012 8:55:36 AM | Location : United States

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