confused Pev material price variance
nabutt
Registered Posts: 86 Regular contributor ⭐
i was thinking how to do it
production units are 12000 units
materials are 8 kg @ 1.50 per kg
n they also say that bugested sales price has been calculated to giv a profit of 25% of sales price
how to calculate material price variance ????
would really appericiate the help
thankxxxx
production units are 12000 units
materials are 8 kg @ 1.50 per kg
n they also say that bugested sales price has been calculated to giv a profit of 25% of sales price
how to calculate material price variance ????
would really appericiate the help
thankxxxx
0
Comments

I would say that the sales price is £16 if the only cost is materials, but to calculate the material price variance they must give you some detail on actual costs??0
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