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Accounting Homework

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Question

A suit company has the following standards to make one suit;Standard Quantity Standard Price;Direct materials 4 yards per unit $9.50 per yard;Direct labor 2 hours per unit $12.00 per hour;The company purchased 4,000 yards of material in March for $40,000. The company used 3,800 yards in March in order to make 900 suits. The direct materials price variance is

 

Paper#80645 | Written in 18-Jul-2015

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