Gina Rolando, the controller at WAWA Industries, gave Jason Ponds, the production manager, a report containing the

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Gina Rolando, the controller at WAWA Industries, gave Jason Ponds, the production manager, a report containing the following information:

Rolando asked for a response. If you were Ponds, how would you respond? What additional information might you need to prepare yourresponse?

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Managerial Accounting

ISBN: 978-0618777181

8th Edition

Authors: Susan V. Crosson, Belverd E. Needles

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Question Posted: Feb 21, 2013 06:18 AM

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Gina Rolando, the controller at WAWA Industries, gave Jason Ponds, the production manager, a report containing the

Question:

Actual Cost Direct materials Direct labor Variable overhead $38,200 19,450 62,890 Standard Cost $36,600 19,000 60,000 Variance $1,600 (U) 450 (U) 2,890 (U)

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Ponds are responsible only for the direct materials quantity variance t...View the full answer

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