Question
Table Manufacturing Company produce one style of tables.the following data pertain to producing one tablePlanned production per monthUnits (one table)100Piece of woods (M)20Estimated M price$30Actual
Table Manufacturing Company produce one style of tables.the following data pertain to producing one tablePlanned production per monthUnits (one table)100Piece of woods (M)20Estimated M price$30Actual productionQuantity purchased (QP)18Actual price (AP)$34The calculated total material variance is
A.72 Favorable
B.72 Unfavorable
C.60 Favorable
D.60 Unfavorable
E.12 Favorable
F.12 Unfavorable
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Financial Accounting
Authors: Robert Kemp, Jeffrey Waybright
4th edition
978-0134125053, 9780134114781, 134125053, 134114787, 978-0134436111
