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April industries employs a standard costing system in the manufacturing of its sole product, a park bench. They purchased 60,000 feet of raw material for
April industries employs a standard costing system in the manufacturing of its sole product, a park bench. They purchased 60,000 feet of raw material for $240,000 and it takes 4 feet of raw materials to produce one park bench. Im august, the company produced 11,000 park benches. The standard cost for material output was $88,000 and there was an unfavorable direct material variance of $7,000.
April Industries employs a standard costing system in the manufacturing of its sole product, a park ber company produced 11,000 park benches. The standard cost for material output was $88,000, and ther A. What is April Industries' standard price for one unit of material? Standard cost per unit \$ B. What was the total number of units of material used to produce the August output? Actual quantity feet X Units C. What was the direct materials price variance for August? Direct materials price variance $
April industries employs a standard costing system in the manufacturing of its sole product, a park bench. They purchased 60,000 feet of raw material for $240,000 and it takes 4 feet of raw materials to produce one park bench. Im august, the company produced 11,000 park benches. The standard cost for material output was $88,000 and there was an unfavorable direct material variance of $7,000.
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