Consider the following information: Actual cost of direct material purchased and used: $10,000 Standard price of direct
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Question:
Consider the following information:
Actual cost of direct material purchased and used: $10,000
Standard price of direct material: $0.2 per gallon
Direct-material price variance: $6,022 F
How many gallons of direct material were purchased and used?
Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-0324787351
1st Edition
Authors: Rich Jones, Mowen, Hansen, Heitger
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