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Nextel Inc makes and sells organic icecream for a major company in the Caribbean. It uses standard costing. DM . 7 5 lbs@$ 1 2
Nextel Inc makes and sells organic icecream for a major company in the Caribbean. It uses standard costing. DM lbs@$perlb$ DLhrs @$perhr $ Var. Man. OH hrs@$perhr $ Total $ During the month of November the company repoeted the following results: Actual output buckets Purchase of raw materialslbs Raw materials used in production lbs Actual direct labour hrs Actual var, Man OH cost $ Actual cost of raw materials perlb $ Actual direct labour cost perhr$ Actual variable manufacturing hrs hrs Compute material price variance. material quantity variance, labour rate variance, labour effiency variance, variablke overhead rate variance, variable overhead effiency variance, Define the terms separable cost and joint cost.
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