Business, 26.03.2020 22:28 NeverEndingCycle

Ruby Company produces a chair that requires 5 yards of material per unit. The standard price of one yard of material is $7.50. During the month, 8,400 chairs were manufactured, using 43,700 yards at a cost of $7.30 per yard. Enter favorable variances as negative numbers.

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Ruby Company produces a chair that requires 5 yards of material per unit. The standard price of one...

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