Newsom Footwear Corporation's flexible budget cost formula for raw material is $2.61 per unit of output. The
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Newsom Footwear Corporation's flexible budget cost formula for raw material is $2.61 per unit of output. The company's performance report for last month showed a $6,840 unfavorable Flexible Budget variance for raw material. During that month, 17,100 units were produced. Budgeted activity for the month had been 16,700 units. The actual cost per unit for raw materials must have been closest to:
A. $3.01 B. $3.49 C. $3.41 D. $2.61
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Jinah Patricia Padilla
Had an experience as an external auditor in Ernst & Young Philippines and currently a Corporate Accountant in a consultancy company providing manpower to a 5-star hotel in Makati, Philippines, Makati Diamond Residences
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Related Book For 
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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