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okay figure it out thats what i pay 15$ a month for Prepare the journal entry for the direct materials price variance. (Record debits first,
okay figure it out thats what i pay 15$ a month for
Prepare the journal entry for the direct materials price variance. (Record debits first, then credits. Exclude explanations from any joumal entries.) Standard Costs and Usage For August 2017, Dager had the following costs and variances for actual production of 2,600 chairs, 4,900 square yards of input purchased and used: Option 1: Actual production The following variances are under the assumption that 7,400 square yards of materials were purchased, even though only 4,900 square yards were used. Suppose further that direct materials price variances are isolated and traced at the time of purchase to the purchasing department rather than to the production department. Prepare the journal entry for the direct materials price variance. (Record debits first, then credits. Exclude explanations from any joumal entries.) Standard Costs and Usage For August 2017, Dager had the following costs and variances for actual production of 2,600 chairs, 4,900 square yards of input purchased and used: Option 1: Actual production The following variances are under the assumption that 7,400 square yards of materials were purchased, even though only 4,900 square yards were used. Suppose further that direct materials price variances are isolated and traced at the time of purchase to the purchasing department rather than to the production department Step by Step Solution
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