E24-5 The following direct materials variance computations are incomplete: Price variance = (S? - $12) x 14,500

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E24-5 The following direct materials variance computations are incomplete: Price variance = (S? - $12) x 14,500 pounds = $5,800 U Efficiency variance = (? - 14,700 pounds) x $12 = ? F Flexible budget variance = $? Fill in the missing values, and identify the flexible budget variance as favorable or unfavorable.

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Accounting

ISBN: 9780130906991

5th Edition

Authors: Charles T. Horngren, Walter T. Harrison, Linda S. Bamber, Betsy Willis, Becky Jones

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