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 It is estimated that a product requires 50 units of material at the rate of OMR 30 per unit

Finance Jan 17, 2022

 It is estimated that a product requires 50 units of material at the rate of OMR 30 per unit. The actual consumption of material for manufacturing the same product came to 60 units at the rate of OMR 28.200 per unit. Calculate MCV, MPV and MUV. (3 Marks)

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