Maurice Tutor

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Category > Accounting Posted 20 Aug 2017 My Price 4.00

Dvorak Company

direct materials variances

 

Dvorak Company produces a product that requires five standard pounds per unit. The standard price is $2.50 per pound. If 1,000 units required 4,500 pounds, which were purchased at $3.00 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) cost  variance?

 

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Maurice Tutor
(5)
Status NEW Posted 20 Aug 2017 09:08 AM My Price 4.00

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