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For the most recent period, production at Sampson Pharmaceuticals required 5,200 labor hours at a rate of $13.60 per hour.The standard was 5,000 hours at
- For the most recent period, production at Sampson Pharmaceuticals required 5,200 labor hours at a rate of $13.60 per hour.The standard was 5,000 hours at a cost of $14.00 per hour.Calculate the labor quantity variance.
- When the actual quantity of materials useddiffers from standard,the investigation usually starts with which department?
- In manufacturing medical equipment, Alliance Medical, Inc.used 4,200 feet of direct materials at a cost of $5.50 per pound.The standard was4,400 feet at $5.70 per foot.Calculate the materials price variance.
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