Question: Current Attempt in Progress Sheridan, Inc, makes high-quality swimsuits. During the year, the company produced 780 suits, using 990 yards of material, and the company
Current Attempt in Progress Sheridan, Inc, makes high-quality swimsuits. During the year, the company produced 780 suits, using 990 yards of material, and the company purchased 784 yards of material for $4,509. The direct materials standard for the swimsuits allows 1.25 yards of material at a standard price of $6 per yard. Calculate Sheridan's direct materials quantity variance for the year. (If variance is zero, select "Not Applicable" and enter O for the amounts. Round onswer to 0 decimal places, eg. 15.) Direct material quantity variance
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