A company produces widgets with budgeted standard direct materials of 2 pounds per widget at...
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Accounting
A company produces widgets with budgeted standard direct materials of pounds per widget at $ per pound. Standard direct labor was budgeted at hour per widget at $ per hour. The actual usage in the current year was pounds and hours to produce widgets. What was the direct material usage variance?
A company produces widgets with budgeted standard direct materials of pounds per widget at $ per pound. Standard direct labor was budgeted at hour per widget at $ per hour. The actual usage in the current year was pounds and hours to produce widgets. What was the direct material usage variance?
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