Variable Cost Variances where Materials Purchased and Materials Used Are Not Equal: Baruch's Printers reported the following
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Variable Cost Variances where Materials Purchased and Materials Used Are Not Equal: Baruch's Printers reported the following information concerning its direct materials:
Required: Compute the direct materials cost variances. Prepare an analysis like the one in Illustration 19-11.
Transcribed Image Text:
Direct materials purchased (actual) Standard cost of materials purchased Standard price times actual quantity of materials used Actual production Standard direct materials costs per unit produced $406,852 407,391 74,193 28,000 units $2.68
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