Question
the following data relate to the direct materials cost for the production of 4,000 automobile tires: actual: 130,240 pounds at $1.65 $214,896 standard: 128,760 pounds
the following data relate to the direct materials cost for the production of 4,000 automobile tires:
actual: 130,240 pounds at $1.65 $214,896
standard: 128,760 pounds at $1.85 $238,206
a. determine the price variance, quantity variance and total direct materials cost variance.
b. to whom should the variances be reported for analysis and control?
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Payroll Accounting 2017
Authors: Jeanette Landin, Paulette Schirmer
3rd edition
1259572188, 1259572180, 1259742512, 9781259742514, 978-1259572180
