Franklin Fruit Bssket Compony makes bsskets of assorted fruit. The standard and actual costs of...
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Franklin Fruit Bssket Compony makes bsskets of assorted fruit. The standard and actual costs of oranges used in esch bosket of fruit follow. Franklin actually produced 25,700 baskets. Required a. Determine the materials price variance and indicate whether it is favorable (F) or unfavorable (U). b. Determine the materials ussge voriance and indicate whether it is favorable (F) or unfavorable (U). (For all requirements, Select "None" If there is no effect (1.e., zero varlance).)
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