Consider the following information: Direct material purchased and used, 80,000 gallons Standard amount of direct material allowed
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Question:
- Consider the following information:
- Direct material purchased and used, 80,000 gallons
- Standard amount of direct material allowed for May production, 76,000 gallons
- Actual cost of direct materials purchased and used, $176,000
- Negative direct material quantity variance, $9,400
- What would be the Direct material price difference?
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Related Book For
Cornerstones of Cost Management
ISBN: 978-1285751788
3rd edition
Authors: Don R. Hansen, Maryanne M. Mowen
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