Question
The standard cost of product 999 includes 2 units of direct materials at $5.80 per unit. During August, the company bought 27,100 units of
The standard cost of product 999 includes 2 units of direct materials at $5.80 per unit. During August, the company bought 27,100 units of materials at $6.00 and used those materials to produce 14,050 units. Calculate the total, price, and quantity variances for materials.
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
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