India's Current Account. Use the following balance of payments data for India from the IMF: LOADING.... What is India's balan
ce on services for years , , and ? The balance on services for year is (in millions) $ nothing. (Round to the nearest integer and enter any deficit with a negative sign.) The balance on services for year is (in millions) $ nothing. (Round to the nearest integer and enter any deficit with a negative sign.) The balance on services for year is (in millions) $ nothing. (Round to the nearest integer and enter any deficit with a negative sign.)
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Answer:
direct materials quantity variance = 520 Favourable
Explanation:
given data
material = $2 per pound
produced = 1,000 units
Actual Quantity of Material = 5200
cost = $9,880
to find out
direct materials quantity variance
solution
we get here Material Price Variance that is express as
direct materials quantity variance = ( Standard Cost - Actual Cost) Actual Quantity of Material .......................1
put here value we get
direct materials quantity variance = 2- × 5200
direct materials quantity variance = 520 Favourable