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    beanabut1's Avatar
    beanabut1 Posts: 1, Reputation: 1
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    #1

    Nov 7, 2010, 01:14 PM
    How do I put this question into a general journal?
    In order to provide snacks for guest on a 24-hour basis, Bob Night signed a contract with Snack Attack. Snack Attack will install vending machines with food and drinks and pay a 10% commission on all sales. Estimated payments are made at the beginning of each month. Night received a check for $200, the estimated commission on sales for May.
    rtyagi's Avatar
    rtyagi Posts: 2, Reputation: 1
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    #2

    Nov 27, 2010, 02:08 AM
    Q.5 A factory works on standard costing system. The standard estimates of material for the manufacture of 1000 units of a commodity are 400 kg at Rs. 2.50 per kg. When 2000 units of a commodity are manufactured, it is found that 820 kgs of material is consumed at Rs. 2.60 per kg. Calculate the material variance
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