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Puvo, Incorporated, manufactures a single product in which variable manufacturing overhead is assigned labor-hours. The company uses a standard cost system and has established the
Puvo, Incorporated, manufactures a single product in which variable manufacturing overhead is assigned labor-hours. The company uses a standard cost system and has established the following standards for or During March, the following activity was recorded by the company: - The company produced 3,800 units during the month. - A total of 11,100 pounds of material were purchased at a cost of $31,080. - There was no beginning inventory of materials on hand to start the month; at the end of the month, 2.2 the warehouse. - During March, 2,480 direct labor-hours were worked at a rate of $10.50 per hour. - Variable manufacturing overhead costs during March totaled \$3,548. The direct materials purchases variance is computed when the materials are purchased. The materials quantity variance for March is: Puvo, Incorporated, manufactures a single product in which variable manufacturing overhead is assigned labor-hours. The company uses a standard cost system and has established the following standards for or During March, the following activity was recorded by the company: - The company produced 3,800 units during the month. - A total of 11,100 pounds of material were purchased at a cost of $31,080. - There was no beginning inventory of materials on hand to start the month; at the end of the month, 2.2 the warehouse. - During March, 2,480 direct labor-hours were worked at a rate of $10.50 per hour. - Variable manufacturing overhead costs during March totaled \$3,548. The direct materials purchases variance is computed when the materials are purchased. The materials quantity variance for March is
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