Question
The standard materials cost to produce 1 unit of Product R is 6 pounds of material at a standard price of $52 per pound. In
| The standard materials cost to produce 1 unit of Product R is 6 pounds of material at a standard price of $52 per pound. In manufacturing 8,000 units, 47,000 pounds of material were used at a cost of $53 per pound. What is the total direct materials cost variance? |
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
