the following details are related to the product a for the month of march 2000 you a 621568
The following details are related to the Product A for the month of March 2000. You are required to compute MCVs and LCVs from the given details:
|
Actual Production |
100 Units |
|
Standard Cost per unit: |
|
|
Material |
50 kg @ Rs. 40 per kg |
|
Labour |
400 hrs @ Re. 1 per hr |
|
Actual Cost for the month: |
|
|
Material |
4,900 kg @ Rs. 42 per kg |
|
Labour |
39,600 hrs @ Rs. 1.10 per hr |