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ehidna [41]
3 years ago
5

Weighted Average Method, Separate Materials Cost

Business
1 answer:
Nutka1998 [239]3 years ago
8 0
Sir sis so did. I. Dog go. Sidney nx be I. Six six Ron is considered 38!:83738:! &;!Eli 48 848;
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All the following are benefits of attending a community college except that
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its easier to receive a bachelor's degree there.

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On March 1, it was discovered that the following errors took place in journalizing and posting transactions: a. The receipt of $
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a. Cash Dr,                   8400  

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3 years ago
Roland is filing his federal income tax return with the 1040ez form, and he received two w-2 forms. on one, $2620 in federal inc
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3 years ago
Assume the following: The standard price per pound is $2.00. The standard quantity of pounds allowed per unit of finished goods
adell [148]

Answer:

Direct material price variance= $12,500 unfavorable

Explanation:

Giving the following formula:

The standard price per pound is $2.00.

The actual quantity of materials purchased and used in production is 50,000 pounds.

The actual purchase price per pound of materials was $2.25.

<u>To calculate the direct material price (spending) variance, we need to use the following formula:</u>

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

Direct material price variance= (2 - 2.25)*50,000

Direct material price variance= $12,500 unfavorable

6 0
3 years ago
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