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The standard costs and actual costs for direct materials for the manufacture of 3,000 actual units of product are as follows: Direct materials Standard
The standard costs and actual costs for direct materials for the manufacture of 3,000 actual units of product are as follows: Direct materials Standard Costs 1,040 kilograms at $8.75 Direct materials Actual Costs 2,000 kilograms at $8.00 The direct materials price variance is Oa. $1,500 unfavorable Ob. $2,750 favorable Oc. $1,500 favorable d. $2,750 unfavorable
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Managerial Accounting Decision Making and Motivating Performance
Authors: Srikant M. Datar, Madhav V. Rajan
1st edition
132816245, 9780132816243, 978-0137024872
