Over-the-Rhine Company used 5,500 board feet of raw materials with a standard cost of $6.00 per board

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Over-the-Rhine Company used 5,500 board feet of raw materials with a standard cost of $6.00 per board foot to make 400 tables. The company’s standard is 14 board feet per table. Calculate the company’s materials quantity variance.

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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Question Posted: Dec 28, 2011 03:37 AM

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Over-the-Rhine Company used 5,500 board feet of raw materials with a standard cost of $6.00 per board

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The materials quantity variance is 600 Favorable as shown below 400 tables ...View the full answer

Accounting concepts and applications

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