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sold for $400,000. Selling and administrative expenses were $40,000.
Assume that the amount of raw materials purchased equaled the amount
used.
Instructions
a. Compute all of the variances for (1) direct materials and (2)
direct labor.
b. Compute the total overhead variance.
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ACC 560 Week 7 Quiz 5 (Chapter 9 and Chapter 10)
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ACC 560 Week 7 Quiz 5 (Chapter 9 and Chapter 10)
Question 1
The production budget shows expected unit sales are 100,000. The
required production units are 104,000. What are the beginning and
desired ending finished goods units, respectively?
Question 2