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Answer Posted / faisal adam (fdabeeco)
An industry refers to many companies in the same line of
business company is a business generally with a profit
motive and with shareholders often not involved in the
business either as employees or as clients. A cooperative
is organized like a for-profit business,
| Is This Answer Correct ? | 48 Yes | 17 No |
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4. Calculate the following from the particulars given below: i) Material Cost Variance ii) Material Price Variance iii) Material Usage Variance iv) Material Mix Variance v) Material Yield Variance Material Standard Actual Qty kgs. Price Rs Value Rs. Qty kgs. Price Rs Value Rs A 50 4 200 40 5 200 B 30 6 180 30 6 180 C 20 3 60 30 3 90 100 440 100 470 Loss 20 ----- 30 ----- 80 440 70 470
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