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scoray [572]
2 years ago
12

Calculate direct material variances when the quantity purchased equals the quantity used

Business
1 answer:
Rudiy272 years ago
3 0

Answer:

Results are below.

Explanation:

<u>To calculate the direct material price and quantity variance, we need to use the following formulas:</u>

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (1.96 - 1.92)*87,500

Direct material price variance= $3,500 favorable

Actual cost= 168,000 / 87,500 = $1.92

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (3,500*24 - 87,500)*1.96

Direct material quantity variance= $6,860 unfavorable

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Answer and Explanation:

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Education is very beneficial to the individual who gets it, but a country where it's citizens have a good level of education benefits everyone positively.

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Today, sandra will present a report to her class on the top ten income-producing countries in the world. most of the countries t
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C: a franchisee

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brainly.com/question/17059661

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7 0
1 year ago
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