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Crane has a standard of 1.5 pounds of materials per unit, at $4 per pound. In producing 2000 units, Crane used 3100 pounds of
Crane has a standard of 1.5 pounds of materials per unit, at $4 per pound. In producing 2000 units, Crane used 3100 pounds of materials at a total cost of $12135. Crane's materials quantity variance is $700 U. $135 F. $265 U. $400 U.
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Financial Accounting and Reporting
Authors: Barry Elliott, Jamie Elliott
14th Edition
978-0273744535, 273744445, 273744534, 978-0273744443
