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Actual price 20 - standard price 30 - units purchased equal 4000 calculate price variance ??

Accounting Cost Accounting Financial Accounting CMA Costing
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Question added by Ahmed kandil , Cost Controller , Battour Holding Cpompany
Date Posted: 2015/03/07
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Syed Ammar
by Syed Ammar , Senior Accounts Officer , The City Schools (Group Head office)

we can find variance

standard unit *standard price

standard unit *actual price

so it would be4000*10=40,000 

 

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