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Find and calculate the usage variance

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Reference no: EM132721313

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 usage variance.

A. Rs. 0

B. Rs. 680 unfavourable

C. Rs. 680 favourable

D. Rs. 800 (favourable)

Reference no: EM132721313

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