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Business, 27.06.2020 06:01 claudiseliss4910
The following standards have been established for a raw material used to make product O84: Standard quantity of the material per unit of output 7.8 meters Standard price of the material $ 19.00 per meter The following data pertain to a recent month's operations: Actual material purchased 4,100 meters Actual cost of material purchased $ 81,590 Actual material used in production 3,800 meters Actual output 570 units of product O84 The direct materials purchases variance is computed when the materials are purchased. Required: a. What is the materials price variance for the month
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