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Eduncle posted an MCQ
March 03, 2020 • 15:39 pm 0 points
  • UGC NET
  • Management

Based on the information given below, answer the question 
Kruger Corporation has recently implemented a standard cost system. The management has obtained the following information for variance analysis : 

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    Eduncle Best Answer

    Direct Material Price Variance
                = (Actual Price – Standard Price) × Actual Material Quantity
                = (AP – SP) × AQ
                = (4.5 – 5) × 104000
                = 52,000 Unfavourable.

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