1.

MSE Manufacturing gives you the following details. Standard Price per kg of Material Rs. 2, Actual Material used 2,000 kg, Actual cost of Material Rs. 3,000. Actual output 2,100 kg. Compute Material Price Variance.

A. Rs. 1050 (Favourable)
B. Rs. 1142 (Favourable)
C. Rs. 1000 (Favourable)
D. None of the above
Answer» D. None of the above


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