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Calculate the material cost variance

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Reference no: EM132516351

The following information is available for the month of August 2018:

Standard quantity of material - 500 units

Standard price of material - Rs. 6

Actual quantity of material - 450 units

Actual price of material - Rs 8

Question 1: Calculate Material Cost variance, Material Price variance, Material Usage Variance

Reference no: EM132516351

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