CVCAVerseSET B · Strategic Cost & Performance Management · 30 MCQs · 3 hrsLive · Recording
ERROR
Section A · MCQQuestion 1 of 302 marks· Standard Costing & Variance Analysis
On card · 00:00:00 Expected · 00:01:30

BCD Ltd. uses standard costing with the following for Product X: Standard material cost ₹100/unit, standard quantity 2 kg/unit @ ₹50/kg. Actual production: 1,000 units, actual material consumed 2,100 kg @ ₹48/kg. Calculate the material yield variance, assuming a normal loss of 100 kg is expected for every 2,000 kg input.