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Inda Ltd. is a manufacturing company with the following cost information for one of its products: Standard price per kilogram of direct materials $
Inda Ltd. is a manufacturing company with the following cost information for one of its products: Standard price per kilogram of direct materials $ 4.67 Actual quantity of direct materials purchased (in kg) Standard quantity allowed for actual production (in kg) 1656 1950 $ 305.00 Material purchase variance (favourable) What is the actual purchase price per kg? a) $4.67 b) $4.49 c) $4.85 d) $4.51
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Cost Accounting A Managerial Emphasis
Authors: Srikant M. Datar, Madhav V. Rajan, Charles T. Horngren, Louis Beaubien, Chris Graham
7th Canadian Edition
133138445, 978-0133926330, 133926338, 978-0133138443
