1. Compute the actual hours worked, rounded to the nearest hour. 2. Compute the actual purchase price...
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1. Compute the actual hours worked, rounded to the nearest hour.
2. Compute the actual purchase price per unit of materials, rounded to the nearest euro cent.
Transcribed Image Text:
Standard direct-labor rate Actual direct-labor rate Standard direct-labor hours Direct-labor quantity variance-unfavorable Standard unit price of materials Actual quantity purchased and used Standard quantity allowed for actual production Materials purchase price variance-favorable € 30.00 € 23.50 10,000 €18,000 € 9.20 2,500 1,850 € 1,000
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Related Book For
Introduction To Management Accounting
ISBN: 9781292412566
17th Edition, Global Edition
Authors: Charles Horngren, Gary L Sundem, Dave Burgstahler
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