Question
A company uses a standard cost system to account for its only product. The materials standard per unit was 4 lbs. at $5.10 per
A company uses a standard cost system to account for its only product. The materials standard per unit was 4 lbs. at $5.10 per lb. Operating data for April were as follows: Material used 8,700 lbs. Cost of material used Number of finished units produced The material usage variance for April was? $40,950 2,000
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Principles of Cost Accounting
Authors: Edward J. Vanderbeck
16th edition
9781133712701, 1133187862, 1133712703, 978-1133187868
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