Solution-Calculate tuvok material price variance

Calculate tuvok material price variance

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Reference no: EM132735779

Tuvok Limited has developed the following standards for one of its products:

Standards costs of materials R0.50 per kg

Materials purchased and used 20 000 kg

Total paid to suppliers R11 000

Standard quantity allowed 18 000

Problem 1: Calculate Tuvok's material price variance

A.cannot be calculated from the information given

B.R1 000 unfavourable.

C.R1 100 unfavourable.

D.R2 000 unfavourable.

Reference no: EM132735779

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Calculate tuvok material price variance

Reference no: EM132735779

Reference no: EM132735779

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