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How to find what the material price variance is

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Reference no: EM132571028

Question 1: X company has furnished the following standard cost data per unit of output. Direct material 25 kg @ Rs 12 per kg Rs 300. The following information for the month of June 2005 is provided: Direct material used 1,25,000 kg at a cost of Rs 14,37,500; Actual output: 4,900 units. The material price variance is

Reference no: EM132571028

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