Question
Standard Costing and Variance Analysis at Procter & Gamble Values: Standard Cost per Unit: $10 Actual Production: 50,000 units Actual Cost per Unit: $12 Requirements:
Values:
- Standard Cost per Unit: $10
- Actual Production: 50,000 units
- Actual Cost per Unit: $12
Requirements: Calculate the materials price variance and materials usage variance for Procter & Gamble.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
11th Canadian edition Volume 1
1119048532, 978-1119048534
