Refer to Exercise 9-6. Verde Sabor purchased the amount used of each direct material input on March

Question:

Refer to Exercise 9-6. Verde Sabor purchased the amount used of each direct material input on March 2 for the following actual prices, tomatoes, $0.025 per ounce and chili peppers, $0.024 per ounce.

Required:

1. Compute and journalize the direct materials price variances.

2. Compute and journalize the direct materials usage variances.

3. Offer some possible reasons for why the variances occurred.

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Cost Management Accounting And Control

ISBN: 9780324233100

5th Edition

Authors: Don R. Hansen, Maryanne M. Mowen

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Question Posted: Jun 10, 2024 01:22 AM

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Refer to Exercise 9-6. Verde Sabor purchased the amount used of each direct material input on March

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Cost Management Accounting And Control

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