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Assume the following: The standard price per pound is $2.00 The standard quantity of pounds allowed per unit of finished goods is 4 pounds The

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Assume the following: The standard price per pound is $2.00 The standard quantity of pounds allowed per unit of finished goods is 4 pounds The actual quantity of materials purchased and used in production is 50,300 pounds The actual purchase price per pound of materials was $2.25 The company produced 13,000 units of finished goods during the period. What is the materials quantity variance? 1009 ipse Multiple Choice $3,400 U $3,400 F Next MuChoice 100% 53,400 U 0 Collapse $3,400 F $3,825 U $3,825 F Mc Enabled: Exam 3. Chapter 9-11 Assume that the amount of one of a company's variable expenses in its flexible budget is $40,000. The actualment of the wees $42.000 and the amount in the company's planning budget is $44,000. The spending variance for this expenses Multiple Choice $2.000 U $2,000 $4,000 $4,000 U. Assume that a company has two cost drivers-number of courses and number of students. The planned number of courses dents were 5 and 100, respectively. The actual number of courses and students were 6 and 110, respectively. One of the company's Influenced by both cost drivers. Its cost formules are $42 per course and $6 per student. The tow cost included in the planning budget for this expense would be: Multiple Choice $710 O $810 $910 $1,010

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