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Need help solving this. The correct answer is $7620 F. Will up vote for your help :) Kartman Corporation makes a product with the following
Need help solving this. The correct answer is $7620 F. Will up vote for your help :)
Kartman Corporation makes a product with the following standard costs: In June the company's budgeted production was 3,400 units but the actual production was 3,500 units. The company used 22,150 pounds of the direct material and 2,290 direct labor-hours to produce this output. During the month, the company purchased 25,400 pounds of the direct material at a cost of $170,180. The actual direct labor cost was $57,021 and the actual variable overhead cost was $8,931. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases varlance is computed when the materials are purchased. The materials price variance for June is Step by Step Solution
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