The following information is available for a particular product : \table[[Standard output,1000 units],[Standard quantity,5...
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Accounting
The following information is available for a particular product : tableStandard output, unitsStandard quantity, Kgs Per unitStandard rate,Rs per KgActual output, unitsActual quantity used, KgsActual rate paid,Rs per unit Compute the material cost variance and material price variance 
The following information is available for a particular product :
tableStandard output, unitsStandard quantity, Kgs Per unitStandard rate,Rs per KgActual output, unitsActual quantity used, KgsActual rate paid,Rs per unit
Compute the material cost variance and material price variance
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