Durham Prints Ltd manufactures a single product that has the following standard materials cost specifications...
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Accounting
Durham Prints Ltd manufactures a single product that has the following standard materials cost specifications (per unit).
Direct materials 10 square metres at 2 per square metre 20
During June, the following actual data have been recorded in the production of 2,000 units:
Direct materials 21,000 square metres at pound 3 per square metre
What is the materials usage variance?
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You can see the logs in the Dashboard.