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Item Actual Cost ($) Standard Cost ($) Direct Materials 30,000 25,000 Direct Labor 20,000 18,000 Variable Overhead 15,000 12,000 Fixed Overhead 12,000 10,000 Compute the
Item | Actual Cost ($) | Standard Cost ($) |
Direct Materials | 30,000 | 25,000 |
Direct Labor | 20,000 | 18,000 |
Variable Overhead | 15,000 | 12,000 |
Fixed Overhead | 12,000 | 10,000 |
Compute the total variance.
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Cost Accounting
Authors: William K. Carter
14th edition
759338094, 978-0759338098
