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A company provided the following direct materials cost information. Compute the direct materials quantity variance. Standard costs assigned: $ 926,200 Direct materials standard cost (421,000 units @ $2.20/unit) Actual costs: Direct materials costs incurred (419,710 units @ $2.30/unit) $ 965,333

A company provided the following direct materials cost information. Compute the direct materials quantity variance. Standard costs assigned: $ 926,200 Direct materials standard cost (421,000 units @ $2.20/unit) Actual costs: Direct materials costs incurred (419,710 units @ $2.30/unit) $ 965,333

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter8: Budgeting For Planning And Control
Section: Chapter Questions
Problem 14CE: Refer to Cornerstone Exercise 8.13. In March, Nashler Company produced 163,200 units and had the...
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A company provided the following direct materials cost information. Compute the direct materials quantity variance. Standard costs assigned: $ 926,200 Direct materials standard cost (421,000 units @ $2.20/unit) Actual costs: Direct materials costs incurred (419,710 units @ $2.30/unit) $ 965,333
Transcribed Image Text:A company provided the following direct materials cost information. Compute the direct materials quantity variance. Standard costs assigned: $ 926,200 Direct materials standard cost (421,000 units @ $2.20/unit) Actual costs: Direct materials costs incurred (419,710 units @ $2.30/unit) $ 965,333
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