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Question 44 Not yet answered Marked out of 2 Flag question ToolTime has a standard of 1.5 pounds of materials per unit, at $4
Question 44 Not yet answered Marked out of 2 Flag question ToolTime has a standard of 1.5 pounds of materials per unit, at $4 per pound. In producing 3,000 units, ToolTime used 4,600 pounds of materials at a total cost of $18,090. ToolTime's materials quantity variance is Select one: a. $90 F. b. $310 U. c. $400 U. d. $700 U.
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Applying International Financial Reporting Standards
Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise
3rd edition
730302121, 978-0730302124
