Question: ( 1 2 points - 3 each ) Company # 7 prepared the following variance report. COMPANY # 7 Variance Report - Purchasing Department for

 (12 points -3 each) Company #7 prepared the following variance report.

(12 points -3 each) Company #7 prepared the following variance report.
COMPANY #7
Variance Report-Purchasing Department for Week Ended June 1,2024
\table[[Type of,Quantity,Actual,Standard,Price],[Materials,Purchased,Price,Price,Variance],[John,A Allus.,$5.25,$5.00,$6,000
COMPANY #7 Variance Report-Purchasing Department for Week Ended June 1,2024 \table[[Type of,Quantity,Actual,Standard,Price],[Materials,Purchased,Price,Price,Variance],[John,A

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