For manufacturing a certain quantity of product, the standard and actual figures relating to materials are as follows:
|
Materials |
Standard |
Actual |
||
|
Qty (kgs) |
Price |
Qty (kgs) |
Price |
|
|
A |
90 |
Rs. 4 |
140 |
Rs. 3.80 |
|
B |
60 |
Rs. 5 |
60 |
Rs. 5.20 |
|
150 |
200 |
|||
|
Less: Loss |
30 |
34 |
||
|
120 |
166 |
Calculate material-yield variance.