Question
11 00:58:50 General Electric's production manager has reported the following. Compute the direct materials quantity variance. Standard costs assigned: Direct materials standard cost (441,000
11 00:58:50 General Electric's production manager has reported the following. Compute the direct materials quantity variance. Standard costs assigned: Direct materials standard cost (441,000 units @ $2.20/unit) Actual costs: Direct materials costs incurred (439,360 units @ $2.40/unit) $ 970,200 $ 1,054,464 eBook Multiple Choice $3,936 Unfavorable $3,608 Favorable. $3,936 Favorable. $3,608 Unfavorable. $84,264 Favorable.
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Applying International Financial Reporting Standards
Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise
3rd edition
730302121, 978-0730302124
