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Sherman Company reported the following variances in Year 2. Which of the variances would be considered unfavorable? Standard Actual Sales price $ 18 per unit
Sherman Company reported the following variances in Year 2. Which of the variances would be considered unfavorable?
| Standard | Actual | |||
|---|---|---|---|---|
| Sales price | $ 18 | per unit | $ 16 | per unit |
| Labor cost | $ 6 | per unit | $ 5 | per unit |
| Materials cost | $ 4 | per unit | $ 2 | per unit |
| Labor usage | 12,000 | hours | 8,000 | hours |
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Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
23rd Edition
978-0324662962
