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What is Meany By MIS Report?What are things covered in the
report?
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Answer Posted / latha.
MIS report actually means, it is a report conducts day to
days transaction details of a co. whether it is small or
big. It covers day to day receipts, payments, any contra,
sales, purchase etc. any transaction depending upon on the
co.
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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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