material cost variance(mcv)=(ao/so*sq)-(aq*ap) mpv=(aq*sp)-(aq*ap)

what is costing ? how aclculate mcv? mpv? muv?mqv? with
example?

Question Posted / aman

Answer Posted / aman

material cost variance(mcv)=(ao/so*sq)-(aq*ap)
mpv=(aq*sp)-(aq*ap)

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