Question
Blaster, Inc., makes portable radios. Each radio requires 3 units of Part XBEZ52, which has a standard cost of $1.45 per unit. During May, the
Blaster, Inc., makes portable radios. Each radio requires 3 units of Part XBEZ52, which has a standard cost of $1.45 per unit. During May, the company purchased 12,000 units of the part for a total of $18,000. Also during May, the company built 3,000 radios, using 10,000 units of the XBEZ52 part. The direct materials purchase variance is calculated when the materials are purchased.
During May, what was the variation in the price of materials for part XBEZ52?
During May, calculate the material quantity variance for part XBEZ52
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International Trade
Authors: John McLaren
1st edition
0470408790, 978-0470408797
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