Q12: A company manufactures offices and the standard direct materials cost per office was 27 dinars based on the use of 12 square feet of Formica wood and during the period 10,000 offices were produced and 12,600 square feet of Formica were used in their production and the actual price was 2 dinars per square foot, meaning that Its total cost is 25200 dinars, so the deviation is the amount of direct materials during the period as follows: A - 1200 dinars (gm) B - 1350 dinars (gm) C- 1800 dinars (m) - 3150 dinars (m) (American Certified Public Accountants Association) explained That? e 10:58

Q12: A company manufactures offices and the standard direct materials cost per office was 27 dinars based on the use of 12 square feet of Formica wood and during the period 10,000 offices were produced and 12,600 square feet of Formica were used in their production and the actual price was 2 dinars per square foot, meaning that Its total cost is 25200 dinars, so the deviation is the amount of direct materials during the period as follows: A - 1200 dinars (gm) B - 1350 dinars (gm) C- 1800 dinars (m) - 3150 dinars (m) (American Certified Public Accountants Association) explained That? e 10:58

Name: Q12: A company manufacturesoffices and the standard directmaterials c
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Description: Q12: A company manufacturesoffices and the standard directmaterials cost per office was 27dinars based on the use of 12 squarefeet of Formica wood and during theperiod 10,000 offices were producedand 12,600 square feet of Formicawere used in their p

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter8: Standard Cost Accounting—materials, Labor, And Factory Overhead

Section: Chapter Questions

Problem 17P: Shinto Corp. uses a standard cost system and manufactures one product. The variable costs per...

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