Thompson plc manufactures a single product. The budgeted costs per unit for the month of April 2014
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Thompson plc manufactures a single product. The budgeted costs per unit for the month of April 2014 were:
Anticipated production for April 2014 was 10,000 units.
The actual results for April 2014 were:
The actual costs were based on production of 9,000 units.
Calculate the labour and materials variances.
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Although the original budgeted total for materials would have ...View the full answer
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