Question
Consider the following information: Direct material purchased and used, 82,000 gallons Standard quantity of direct material allowed for May production, 77,800 gallons Actual cost of
Consider the following information: Direct material purchased and used, 82,000 gallons Standard quantity of direct material allowed for May production, 77,800 gallons Actual cost of direct materials purchased and used, $172,200 Unfavorable direct-material quantity variance, $9,240 The direct-material price variance is:
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College Accounting, Chapters 1- 15
Authors: James A. Heintz, Robert W. Parry
23rd Edition
0357391942, 9780357391945
