Gumbo was added to ABC Companys product line a year ago. Standard and actual materials...
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Gumbo was added to ABC Companys product line a year ago. Standard and actual materials usage and costs are as follows: Standard Actual units Price $kg $ Quantity kgunit kg The materials price variance for Gumbo is: Question Answer a $ favourable b $ unfavourable c $ favourable d $ unfavourable
Gumbo was added to ABC Companys product line a year ago. Standard and actual materials usage and costs are as follows:
Standard
Actual units
Price
$kg
$
Quantity
kgunit
kg
The materials price variance for Gumbo is:
Question Answer
a
$ favourable
b
$ unfavourable
c
$ favourable
d
$ unfavourable
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