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just olya [345]
2 years ago
14

ABC has beginning inventory for the year of $12,000. During the year, ABC purchases inventory for $150,000 and ends the year wit

h $20,000 of inventory. ABC will report cost of goods sold equal to:
Business
1 answer:
Tanya [424]2 years ago
6 0

Explanation:

The Answer equal 142000

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10 months ago
During March, Patt, Inc. purchases and uses 8,800 pounds of materials costing $35,640 to make 4,000 tiles. Patt's standard mater
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Answer and Explanation:

The computation is shown below:

Total material cost variance

= (Standard quantity × standard price) - (actual quantity × actual price)

= (4,000 tiles × 2 pounds of material × $4) - (8,800 pounds × $35,640 ÷ 8,800 pounds)

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