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The following materials standards have been established for a particular product: Standard quantity per unit of output 4 . 2 meters Standard price $ 1
The following materials standards have been established for a particular product: Standard quantity per unit of output meters Standard price $ per meter The following data pertain to operations concerning the product for the last month: Actual materials purchased meters Actual cost of materials purchased $ Actual materials used in production meters Actual output units What is the materials price variance for the month? Multiple Choice $ U $ U $ U $ U
The following materials standards have been established for a particular product:
Standard quantity per unit of output meters
Standard price $ per meter
The following data pertain to operations concerning the product for the last month:
Actual materials purchased meters
Actual cost of materials purchased $
Actual materials used in production meters
Actual output units
What is the materials price variance for the month?
Multiple Choice
$ U
$ U
$ U
$ U
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