MASTER OF COMMERCE – M.Com Second Year (MCO) Solved Assignments for July 2018 and January 2019 Admission Cycles
MCO Tutor Marked Solved Assignment
Course Code : MCO – 05
Course Title : Accounting of Managerial Decisions
Assignment Code : MCO-05/TMA/2018-19
Coverage : All Blocks
MCO – 05 Accounting of Managerial Decisions Solved Assignment for 2018-19
Question 4. The following figures relates to the quantity of material required for the production of a product:
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Quantity (Kg) |
Price (Rs.) |
Amount (Rs.) |
Quantity (Kg) |
Price (Rs.) |
Amount (Rs.) |
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| A | 60 | 10 | 600 | 80 | 12 | 960 |
| B | 90 | 20 | 1800 | 60 | 25 | 1500 |
| 150 | 2400 | 140 | 2460 | |||
Compute:
a) Material Cost Variance
b) Material Price Variance
c) Material Usage Variance
d) Material Mix Variance
ANSWER:
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