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Suppose a manufacturing companys actual price of input and standard price of input were both $0.85/gram. The actual quantity of input used was 500,000 grams
Suppose a manufacturing companys actual price of input and standard price of input were both $0.85/gram. The actual quantity of input used was 500,000 grams greater than the standard quantity for actual output. What are the direct materials price variance and the direct materials efficiency variance
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Auditing and Assurance services an integrated approach
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan
16th edition
978-0134075754, 134075757, 134065824, 978-0134065823
