Question: 2 3points Foster Co. makes a single product called Stone Stone had a standard direct material cost in the budget of: 5.5kg of Material T

2 3points Foster Co. makes a single product called Stone Stone had a standard direct material cost in the budget of: 5.5kg of Material T at 5 per kg = 27.50 per unit The average market price for Material T during the period was f5 10 per kg, and it was decided to revise the material standard cost to allow for this During the period. 8,000 units of Stone were manufactured They required 39,750 kgs of Material T, which cost 210,675. What is the material price operating variance? (7.950) 7.950F (3,97514 3,975 F Next Previous

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