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Exercise 9-14(Algo) Direct Materials Variances [LO9-4] Huron Company produces a commercial cleaning compound known...

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Accounting

Exercise 9-14(Algo) Direct Materials Variances [LO9-4]
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below:
\table[[,\table[[Standard],[Quantity or],[Hours]],\table[[Standard Price or],[Rate]],\table[[Standard],[Cost]]],[Direct materials,\table[[5.40 pounds]],$3.00 per pound,$16.20
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