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Part of your company?s accounting database was destroyed in the recent floods that spreads through your town. You have been able to gather the following
Part of your company?s accounting database was destroyed in the recent floods that spreads through your town. You have been able to gather the following data from your files given in the attached document below.Fill in the blanks where the question marks are placed, using the available data. All the raw materials purchased during the period was used in production.
Part of your company's accounting database was destroyed in the recent floods that spreads through your town. You have been able to gather the following data from your files: Direct Material Standard quantity per unit of output Standard price or rate per unit of input Actual output Direct Material price variances Direct Material quantity variances Total of direct material variance Direct labour rate variance Direct labour efficiency variance Total of direct labour variance Direct Labour ? ? $8 per kilogram ? ? $7 per kilogram 10 000 units $30 000 F ? 3.5 hours $21 per hour 10 000 units - 10 000 F - - $100 000 F ? - $65 000 F Fill in the blanks where the question marks are placed, using the available data. All the raw materials purchased during the period was used in productionStep by Step Solution
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