ZMT Products controller gave the production manager a report containing the following information: The controller asked for

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ZMT Products€™ controller gave the production manager a report containing the following information:

The controller asked for a response. How would you respond? What additional information might you need to prepare yourresponse?

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Principles of Accounting

ISBN: 978-1133626985

12th edition

Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson

Question Posted: Mar 26, 2014 09:54 AM

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ZMT Products controller gave the production manager a report containing the following information: The controller asked for

Question:

Direct materials Direct labor Variable overhead Actual Cost $50,000 7,550 52,000 Standard Cost $48,200 7,000 50,000 Variance $1,800 (U) 550 (U) 2,000 (U)

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The manager is responsible for the direct materials price and quantity va...View the full answer

Principles of Accounting

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