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Exercise 8-4 Material Variances [LO4] Harmon Household Products, Inc., manufactures a number of consumer items for general household use. One of these products, a chopping

Exercise 8-4 Material Variances [LO4]

Harmon Household Products, Inc., manufactures a number of consumer items for general household use. One of these products, a chopping board, requires an expensive hardwood. During a recent month, the company manufactured 3,300 chopping boards using 2,178 board feet of hardwood. The hardwood cost the company $16,553.

The company

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