How do I determine if the varience is favorable or unfavorable? ...
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Accounting
How do I determine if the varience is favorable or unfavorable?
27- Caquias Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Ratc Direct materials.. Dircct labor.. Variable overhead kil 0.5 hours 0.5 hours $6.00 per kilo $10.00 pcr hour $4.00 per hour The campany reported the following results concerning this product in Aug: Actual output Raw materials used in production $73,160 $10,560 $4,510 Actual cost of raw matcrials purchases. Actual variable overhcad cost... The company applies variable overhead on the basis of direct labor-hours. The direct materials price variance is computed when the materials are purchased. The materials quantity variance for August is arian Ce A-$1,620F Material Quantity Variananatel Ahval- tenhod $1,674F C- $1,620U $1,674Uu B- D- nau mechine on which the
How do I determine if the varience is favorable or unfavorable?


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