Last month, Astro Corporation purchased and used the same quantity of material in producing its speed bumps,
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A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Direct materials information Medium speed bump 16 $ 3.00 Large speed bump Standard pounds per unit Standard price per pound Actual quantity purchased and used per unit. Actual price paid for material Price variance Quantity variance. Total direct material variance ..n. Number of units produced $3.70 $3.70 $4,200 U $ 1,200 F 17 $4.50 $ 8,160 U $5,940 U 600 400
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