Question
Last month 75,000 grams of direct material were purchased, and 70,000 grams were used. If the actual purchase price per gram was $0.25 more than
Last month 75,000 grams of direct material were purchased, and 70,000 grams were used. If the actual purchase price per gram was $0.25 more than the standard purchase price per gram, then the material price variance was?
$17,500 Favourable | ||
$17,500 Unfavorable | ||
$18,750 Unfavorable | ||
$18,750 Favourable |
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Core Concepts Of Accounting Information Systems
Authors: Nancy A. Bagranoff, Mark G. Simkin, Carolyn Strand Norman
11th Edition
9780470507025, 0470507020
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