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fill in the missing parts The Loper comoany upts sandard cosing its manufacturing plant for auto-parts. The standird cost of a particular aute port, based
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The Loper comoany upts sandard cosing its manufacturing plant for auto-parts. The standird cost of a particular aute port, based on 4,000 units of output per yes, and budgeted varable overhead of $192,000 is as follows: OH cost There was no beginsing raw materals imventory, but ending invontory consiesd of 1,000 lat of raw meterias. Actual produetion was 4,200 units, and actual costs wore as follows. quantly varionce is basit on the actual quantity used. Nho, it no longer makes sense to taik about a total varance. Remember thax when the actual quantity purchased is different from the actual quantity used the Price and Quentity vartances are caiculated separatdy. The price variance is based on the actual quantity purchased, while the quantity variance is based on the actual quantity used. Aso, it no longer makes sense to takik abcut a total variance. The Loper comoany upts sandard cosing its manufacturing plant for auto-parts. The standird cost of a particular aute port, based on 4,000 units of output per yes, and budgeted varable overhead of $192,000 is as follows: OH cost There was no beginsing raw materals imventory, but ending invontory consiesd of 1,000 lat of raw meterias. Actual produetion was 4,200 units, and actual costs wore as follows. quantly varionce is basit on the actual quantity used. Nho, it no longer makes sense to taik about a total varance. Remember thax when the actual quantity purchased is different from the actual quantity used the Price and Quentity vartances are caiculated separatdy. The price variance is based on the actual quantity purchased, while the quantity variance is based on the actual quantity used. Aso, it no longer makes sense to takik abcut a total variance Step by Step Solution
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