Please help! Ch 26.2 The following direct materials data pertain to the operations...
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Accounting
Please help! Ch 26.2
The following direct materials data pertain to the operations of Grouper Co. for the month of December. The standard cost card shows that a finished product contains 4 pounds of materials. The 16,690 pounds were purchased in December at a discount of 4% from the standard price. In December, 4,050 units of finished product were manufactured. Calculate the materials variances. Identify whether each variance is favorable or unfavorable
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