From the following data, compute the Material Cost Variances:
|
Standard |
Actual |
|||||
|
Qty (units) |
Rate (Rs.) |
Amount (Rs.) |
Qty (units) |
Rate (Rs.) |
Amount (Rs.) |
|
|
Material A |
500 |
10 |
5,000 |
600 |
8 |
4,800 |
|
Matetiall3 |
1,000 |
5 |
5,000 |
1,200 |
6 |
7,200 |
|
1,500 |
10,000 |
1,800 |
12,000 |
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