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hi i need the answer for this please Britton Corporation's standard cost sheet for variable costs is given below: Direct material: 2 pounds at $1.20
hi i need the answer for this please
Britton Corporation's standard cost sheet for variable costs is given below: Direct material: 2 pounds at $1.20 per pound Direct labor: 5.5 hours at $7.50 per hour Last period, Britton purchased and used 30,000lbs of material and 85,000 hours to produce 15,500 units of its only product, Snuff. The actual material and labor costs were $37,500 and $642,500, respectively. The direct material price variance was: a) $1,200 favorable b) $1,200 unfavorable c) $1,500 favorable d) \$1,500 unfavorable Step by Step Solution
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