Hart Company made 3,000 bookshelves using 22,000 board feet of wood costing $266,200. The companys direct materials

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Hart Company made 3,000 bookshelves using 22,000 board feet of wood costing $266,200. The company’s direct materials standards for one bookshelf are 8 board feet of wood at $12 per board foot. (1) Compute the direct materials variances incurred in manufacturing these bookshelves. (2) Interpret the direct materials variances.

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Fundamental Accounting Principles Volume 2

ISBN: 9780077716660

21st Edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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