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The Fantasy Gins Company, a maker of Holiday novelties, needs your help immediately. The company's accountant resigned without leaving adequate records or explanations for what
The Fantasy Gins Company, a maker of Holiday novelties, needs your help immediately. The company's accountant resigned without leaving adequate records or explanations for what she didIn reviewing the record you find the following information for May Materials Purchased Materials Used 39,000 units 24,5ee units You find a copy of the budget which shows that materials were budgeted at $0.50/unit. You know that the material price variance is recorded at the time of purchase and you find some handwritten notes among the accountant's work papers, which indicate the following: Material price variance Material efficiency variance $ 390 F $1,550 F What was the total standard costat direct materials purchased during May
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