Question
Oliver Enterprises has collected the following data for one of its products: Direct materials standard (44 pounds per unit @ $ 0.59$0.59/lb.) $ 2.36 per
Oliver Enterprises has collected the following data for one of its products:
| Direct materials standard (44 pounds per unit @$ 0.59$0.59/lb.) | $ 2.36 per finished good |
| Direct materials flexible budget varianceminusunfavorable | $14,000 |
| Actual Direct Materials Used (AQU) | 38,000pounds |
| Actual finished goods produced | 26,000units |
What is the total actual cost of the direct materials used?
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Frauds Of The Past Lessons For The Future A Student Led Journey Through The World Of Auditing
Authors: Dr. Manjari Sharma, Mr. Pragadeesh SP, Mr. Sivanaresh A
1st Edition
B0CGKRP289, 978-6206753247
