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Tercer reports the following on one of its products. Direct materials standard (3 lbs. @ $2/lb.) $ 6 per finished unit Actual direct materials used
| Tercer reports the following on one of its products. |
| Direct materials standard (3 lbs. @ $2/lb.) | $ | 6 | per finished unit |
| Actual direct materials used (AQ) | 280,000 | lbs. | |
| Actual finished units produced | 72,000 | units | |
| Actual cost of direct materials used | $ | 476,000 | |
| Compute the direct materials price and quantity variances. |
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Healthcare Fraud Auditing And Detection Guide
Authors: Rebecca S. Busch
1st Edition
0470127104, 978-0470127100
