19 OF 19 1 Complete This Test: 92 pts possi Ace Manipulation Manufacturing's (AMM) standards...
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19 OF 19 1 Complete This Test: 92 pts possi Ace Manipulation Manufacturing's (AMM) standards anticipate that there will be 2 pounds of raw material used for every unit of finished goods produced. AMM began the month of May with 8.500 pounds of raw material, purchased 11,100 pounds for $11,100 and ended the month with 7,800 pounds on hand. The company produced 5, 100 units of finished goods. The company estimates standard costs at $120 per pound. The materials price and efficiency variances for the month of May were as follows: 01. Price Varianon Efficiency Variance 52 220 F $1.920 u O2. Price Variante Efficiency Variance $27200 51.920 F 3. Price Variance Efficiency Variance $2.360 F $1.920 U 04 Price Variance Efficiency Variance $2.220 F 30 2 Click to select your answer SC yo FE . 1 3 0 4 7 5 2 00 6 3 9 P 0 W E T Q R Y F G H D K S
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