0 votes
38 views
asked in IM&OR by (215k points)
edited by
Standard material cost of a product is Rs. 20/-@ Rs. 10 per kg. In one batch, on an average the consumption of material was 1.8 kg and rate of material was Rs. 12 per kg. What is the material usage variance?

         (a) Rs. 2/- adverse

         (b) Rs. 2/- favorable

         (c) Rs. 2.40 favorable

         (d) Rs. 1.60 adverse

Please log in or register to answer this question.

Welcome to Q&A discussion forum, where you can ask questions and receive answers from other members of the community.

10.4k questions

274 answers

26 comments

14.6k users

...