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During March, Tile company purchases and uses 6,600 pounds of materials costing $26730 to make 3000 tiles. Tile companys standard material cost per tile is
During March, Tile company purchases and uses 6,600 pounds of materials costing $26730 to make 3000 tiles. Tile companys standard material cost per tile is $8 (2 pounds of material x $4). Compute the price and quantity materials variances for tile company for March. Indicate amount and favorable or unfavorable effects.
During March, Tile company purchases and uses 6,600 pounds of materials costing $26730 to make 3000 tiles. Tile companys standard material cost per tile is $8 (2 pounds of material x $4). Compute the price and quantity materials variances for tile company for March. Indicate amount and favorable or unfavorable effects.
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