The standard cost card for a pizza indicates that one unit of 16-inch-pizza requires 30...
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Accounting
The standard cost card for a pizza indicates that one unit of 16-inch-pizza requires 30 pepperonis with a pepperoni standard cost of $0.5 per unit. During November, 3,200 pepperonis were purchased and used for $1,280. There was no inventory of materials on hand to start the year. When 100 pepperoni pizzas were made during November, the material variances for November were:
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