Question
Consider the below information: Actual cost of direct material purchased and used. $10,000 Standard price of direct material. $0.2 per gallon Direct-material price variance. $6022
Consider the below information:
Actual cost of direct material purchased and used. $10,000
Standard price of direct material. $0.2 per gallon
Direct-material price variance. $6022 F
How many gallons of direct material were purchased and used?
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Global Financial Accounting And Reporting Principles And Analysis
Authors: Peter Walton, Walter Aerts
4th Edition
1473729521, 9781473729520
