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Jordan Corporation uses a standard cost system. The standard costs per unit for one of its product lines are shown below: Direct materials = $
Jordan Corporation uses a standard cost system. The standard costs per unit for one of its product lines are shown below: Direct materials $
per unit; Direct labor $ per unit; Variable overhead $ per unit; Fixed overhead $ per unit. The company's fixed overhead costs per unit are
based on a normal output of units per month. During the current month, the company produced units at a total manufacturing cost of
$ The company's total cost variance for the month was $
favorable.
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