Jarvis Jackets Ltd has decided to extend its range to include denim jackets. One jacket requires a
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Jarvis Jackets Ltd has decided to extend its range to include denim jackets. One jacket requires a standard usage of 3 metres of direct materials which has been set at a standard price of £2.20 per metre. In the period, 80 jackets were made and 260 metres of materials consumed at a cost of £1.95 per metre. Using the above formula, calculate the total direct materials variance.
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Business Accounting An Introduction To Financial And Management Accounting
ISBN: 9780230276239
2nd Edition
Authors: Jill Collis, Roger Hussey, Andrew Holt, Holt Collis, J. Collis
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