Mathematics · Cost Accounting
As per the information given below, what is the correct material yield variance? Standard input = 100 kg Standard yield = 90 kg Standard cost per kg of output = Rs. 20 Actual input = 200 kg Actual yield = 182 kg Actual cost per kg of output = Rs. 19
- 1Rs. 40 (Favourable)✓
- 2Rs. 400 (Favourable)
- 3Rs. 400 (Unfavourable)
- 4Rs. 38 (Favourable)
Correct answer
Rs. 40 (Favourable)
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