Question
Sprague Company's standard materials cost per unit of output is $10 (2 kg $5). During July, the company purchases and uses 3,520 kg of materials
Sprague Company's standard materials cost per unit of output is $10 (2 kg $5). During July, the company purchases and uses 3,520 kg of materials costing $18,128 in making 1,540 units of finished product. Calculate the total, price, and quantity materials variances.
| Total materials variance | $ | FavourableNeither favourable nor unfavourableUnfavourable | ||||
| Materials price variance | $ | Neither favourable nor unfavourableUnfavourableFavourable | ||||
| Materials quantity variance | $ |
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Visual Auditory And Kinesthetic Self Audit Communication And Learning Profiles
Authors: Brian Everard Walsh, Ronald Willard, Astrid Whiting
1st Edition
098666555X, 978-0986665554
