Question: TB MC Qu. 21-80 Parallel Enterprises has collected... Parallel Enterprises has collected the following data on one of its products. During the period the company

TB MC Qu. 21-80 Parallel Enterprises has collected... Parallel Enterprises has

TB MC Qu. 21-80 Parallel Enterprises has collected... Parallel Enterprises has collected the following data on one of its products. During the period the company produced 25,000 units. The direct materials price variance is: Direct materials standard (7 kg. $1.60/kg.) Actual cost of materials purchased Actual direct materials purchased and used $11.20 per finished unit $249,000 142,000 kgs

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