standard costing

[vanianuj]

actual material cost is 900 units.unit price is 9 rs,standard cost is 1000 units at rs 6 per unit material cost variance is rs 550(a) and material price variance is rs 150(f),material usage variance is what

[Maypole]

Materials usage variance is in direct proportion to doing your own homework

[madmaggot]

Well answered Maypole. lol

vanianuj: Just look up the formula in your textbook!

[factor-fiction]

This is pretty basic stuff, and i suggest you need to put some effort in and look at your notes and have a go, but here's a good starting point:
http://www.futureaccountant.com/standard-costi ng-variance-analysis/study-notes/material-vari ances-overview.php