Hekou Ltd. prepared the following variance report. Instructions Fill in the appropriate amounts or letters for the
Question:
Hekou Ltd. prepared the following variance report.
Instructions
Fill in the appropriate amounts or letters for the question marks in the report.
Transcribed Image Text:
Hekou Ltd. Variance Report–Purchasing Department For the Week Ended January 9, 2020 Type of Quantity Actual Standard Price Explanation Materials Price Purchased Price Variance HK$5.20 ? lbs. 7,000 oz. 22,000 units HK$5,500 ? Rogue11 HK$5.00 Price increase Storm17 3.30 1,050 U Rush order Bought larger quantity 660 F Beast29 0.40
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Related Book For
Accounting Principles
ISBN: 978-1119419617
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
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