Exercise 25-5 The standard cost of Product B manufactured by Pharrell Company indudes 3.7 units...
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Accounting
Exercise 25-5 The standard cost of Product B manufactured by Pharrell Company indudes 3.7 units of direct materials at $6.2 per unit. During June, 27,100 units of direct materials are purchased at a cost of $6.10 per unit, and 27,100 units of direct materials are used to produce 7,200 units of Product B Compute the total materials variance and the price and quantity variances. Total materials variance s Materials price variance Materials quanty variance Compute the total materials variance and the price and quantity variances, assuming the purchase price is $6.30 and the quantity purchased and used is 27,000 units. Total materials variance Materials price variance Materials quantity variances
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