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-   -   Material variances formula with answer? (https://www.askmehelpdesk.com/showthread.php?t=709683)

  • Oct 17, 2012, 05:45 AM
    reggy005
    material variances formula with answer?
    the standard material required to manufacture one unit of product x is 10 kg.
    accounting records,however shows that 11,500 kg of materials costing $ 27,600 were used for manufacturing 1,000 units of product x calculate the material variances.
  • Oct 17, 2012, 06:01 PM
    paraclete
    Insufficient information you haven't provided data sufficient to calculate more than one variance; a usage variance, other variance are price, and volume

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