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At 18000 direct labor hours, the flexible budget for indirect materials is $ 36000 . If $ 37400 are incurred at 18400 direct labor hours,
At 18000 direct labor hours, the flexible budget for indirect materials is $36000. If $37400 are incurred at 18400 direct labor hours, the flexible budget report should show the following difference for indirect materials:
$1400 favorable.
$1400 unfavorable.
$600 favorable.
$600 unfavorable.
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Materiality In Financial Reporting An Integrative Perspective
Authors: Francesco Bellandi
1st Edition
178743737X, 9781787437371
