ABC Ltd has calculated that during October 20X8 it used 23,430kg of material for production of a single product at a sta
Posted: Tue Jul 05, 2022 11:27 am
ABC Ltd has calculated that during October 20X8 it used23,430kg of material for production of a single product at astandard cost of $55 per kg. The total material variance was$14,484 Favourable (F) with the material price variance $7,688Adverse (A).
What was the standard allowed quantity (in kg) ofmaterial that Waste Ltd should have used for the productionachieved (to the nearest kg)?
What was the standard allowed quantity (in kg) ofmaterial that Waste Ltd should have used for the productionachieved (to the nearest kg)?