Question
The following data relate to direct materials for the month for the Hodge Wax Company: The standard costs for the work done was 5,900 pounds
The following data relate to direct materials for the month for the Hodge Wax Company: The standard costs for the work done was 5,900 pounds of wax at $9.50 per pound. The actual costs were 6,200 pounds at $9 per pound. What is the direct materials efficiency variance?
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Advanced Accounting
Authors: Debra C Jeter, Paul K Chaney
5th Edition
1118022297, 978-1118022290
