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pls answer asap Doogan Corporation makes a product with the following standard costs: Standard Quantity or Standard Price or Hours Rate Direct materials 2.0 grams
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Doogan Corporation makes a product with the following standard costs: Standard Quantity or Standard Price or Hours Rate Direct materials 2.0 grams 1; 7.00 per gram Direct labor 1.5 hours $15.00 per hour Variable overhead 1.5 hours is 3.00 per hour The company produced 4,500 units in January using 10,210 grams of direct material and 2,190 direct labor-hours. During the month, the company purchased 10,780 grams of the direct material at $7.20 per gram. The actual direct labor rate was $1560 per hour and the actual variable overhead rate was $2.90 per hour, The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The materials quantity variance for January is: Multiple Choice $8,470 F $8,712 U $8.712 F $8,470 U 0000Step by Step Solution
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