TinkInc. produces fairy wands which contain the key ingredient of pixy dust. Each fairy wand is budgeted

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TinkInc. produces fairy wands which contain the key ingredient ofpixy dust.Each fairy wand is budgeted to use3 grams ofpixy dustat a price of$2.00 per gram. During the quarter,22,000 grams were purchased for $2.10 per gram, whileonly 20,000 grams were usedin production toproduce 7,000 fairy wands.

Compute the direct materials price and efficiency variances. Be sure to indicate whether the variances are favorable or unfavorable.

Posted Date: May 17, 2024 01:09 AM

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TinkInc. produces fairy wands which contain the key ingredient of pixy dust. Each fairy wand is budgeted

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