Calculate Material Price and Mix variance from the following
Standard |
Actual |
Material A – 20 kg @ Rs.5 |
20 kg @ Rs.6 |
Material B – 30 kg @ Rs.4 |
20 kg @ Rs.3 |
Material C – 50 kg @ Rs.6 |
60 kg @ Rs.5 |
Total – 100 kg |
Total – 100 kg |