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second blank is favorable or unfavorable Elihardt uses a standard costing system. For production of a fuel cell, standards call for 4 model RN-3 valve
second blank is favorable or unfavorable
Elihardt uses a standard costing system. For production of a fuel cell, standards call for 4 model RN-3 valve per cell costing $2,110 each. During 2021, the company purchased 250 valves for $607,500. The company used 232 valves in the production of 56 fuel cells (eight valyes were ruined through installation error). Calculate material price and quantity variances for the model RN-3 valves. (Enter all voriances as a positive number) Step by Step Solution
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