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Find and calculate the flexible budget variance

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Problem 1: For ABC co. standard material usage was 1 kg per unit produced at a cost of Rs. 10 per kg. They produced 200 units by using 120 kgs at a cost of Rs. 1,320. Calculate the flexible budget variance.

A. Rs. 800 favourbale

B. Rs. 0

C. Rs. 680 unfavourable

D. Rs. 680 favourable

Reference no: EM132721356

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