Listor Company made 3,800 bookshelves using 23,200 board feet of wood costing $290,000. The companys direct materials
Question:
Listor Company made 3,800 bookshelves using 23,200 board feet of wood costing $290,000. The company’s direct materials standards for one bookshelf are 8 board feet of wood at $12 per board foot.
(1) Compute the direct materials variances incurred in manufacturing these bookshelves. (2) Interpret the direct materials variances.
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1 Preliminary computations Actual quantity 23200 bd ft given Standard quantity 3800 units x 8 bd ftu...View the full answer
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