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7 TB MC Qu. 10-110 (Static) Kartman Corporation makes a product with ... Kartman Corporation makes a product with the following standard costs: In June
7
TB MC Qu. 10-110 (Static) Kartman Corporation makes a product with ... Kartman Corporation makes a product with the following standard costs: In June the company's budgeted production was 3,400 units but the actual production was 3,500 units, The company used 22,150 pounds of the direct material and 2,290 direct labor-hours to produce this output. During the month, the company purchased 25,400 pounds of the direct material at a cost of $170,180. The actual direct labor cost was $57,021 and the actual variable overhead cost was $8,931. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The materials quantity variance for June is: Multiple Choice $4,200U $4,020U $4,200F $4,020F Step by Step Solution
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