1. Q1 A furniture company uses sunmica tops for tables. It provides the following data:
St. Quantity for sunmica per table4 sq. ft
St. price per sq. ft of sunmicaAED 5
Actual prod. Of tables1000
Sunmica actually used4,300 sq.ft
Actual purchase priceper sq. ftAED 5.50.
You are required to calculate Material variances.
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