The following data corresponds to the cost of direct materials for the month of October: Standard costs.
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Question:
Standard costs. 5,000 units allowed at $20 each
Actual Costs . Input of 5,050 units at $19 each
What is the direct materials efficiency variance (quantity)?
Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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