A company's cost of production is made up of the cost of direct materials and the cost
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A company's cost of production is made up of the cost of direct materials and the cost of direct labour. The following variances have been calculated at the end of three month's production:
The actual cost of production was $23 440. What was the standard cost of production?
A. $22 220
B. $23 020
C. $23 060
D. $24 580
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Direct Materials Variance Direct Materials Usage Variance 1600 adverse Direct Materials Price Varian...View the full answer
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