Using the following information about a single product com pany, compute its total actual cost of direct

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Using the following information about a single product com¬ pany, compute its total actual cost of direct materials used.

• Direct materials standard cost: 5 lbs. X $2 per lb. = $10.

• Total direct materials cost variance: $15,000 unfavorable.

• Actual direct materials used: 300,000 lbs.

• Actual units produced: 60,000 units.

a. $585,000

b. $600,000

c. $300,000

d. $315,000

e. $615,000

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Fundamental Accounting Principles Volume 2

ISBN: 9780077716660

21st Edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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Question Posted: Jul 18, 2024 07:07 AM

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Using the following information about a single product com pany, compute its total actual cost of direct

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Fundamental Accounting Principles Volume 2

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