Question
Kensie Company has a standard of 11.1 pounds of materials per unit, at $2.60 per pound. In producing 1,200 units, Kensie used 12,500 pounds of
Kensie Company has a standard of 11.1 pounds of materials per unit, at $2.60 per pound. In producing 1,200 units, Kensie used 12,500 pounds of materials at a total cost of $33,000. What is Kensie's materials quantity variance?
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Managerial Accounting
Authors: Kurt Heisinger, Joe Ben Hoyle
1st Edition
1453345299, 9781453345290
