Assessment 2 - Task 6C
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JSmith
Registered Posts: 21 New contributor 🐸
Hi,
Please could someone show me the workings for this question:
Thanks
Please could someone show me the workings for this question:
Thanks
0
Comments
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Nevermind, i think its worked out like this:
Material price = (272,800/12,400) = £22 * 11,400 = £250,800
250,800 - 257,640 = (6840) Adverse
Actual usage = 11,400 kg
Standard price per kg = budgeted cost/budgeted material = 272,800/12,400 = £22
Standard cost for actual usage = Standard price per kg * actual material = £22 * 11,400 = £250,800
Standard material cost of production - Standard cost for actual usage = £267,520 - £250,800 = £16,720 Favourable
Material cost = (6840) + 16720 = £9,8800 -
I personally find setting it out like this helps
0
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