57. FurryCats, Inc. makes cat beds and has budgeted 4 yards of fabric for each bed and fabric costs $15 per yard currently. The company produced 800 beds for the month, which was the budgeted production. There is 0.5 yard of waste material for each bed. The company purchased (and used) 3,600 yards of materials for a total cost of $58,800. The direct materials efficiency variance is: A. $6,000Favorable OB. $3,200 Unfavorable OC. $4,800 Favorable D. $6,000 Unfavorable

57. FurryCats, Inc. makes cat beds and has budgeted 4 yards of fabric for each bed and fabric costs $15 per yard currently. The company produced 800 beds for the month, which was the budgeted production. There is 0.5 yard of waste material for each bed. The company purchased (and used) 3,600 yards of materials for a total cost of $58,800. The direct materials efficiency variance is: A. $6,000Favorable OB. $3,200 Unfavorable OC. $4,800 Favorable D. $6,000 Unfavorable

Name: 57. FurryCats, Inc. makes cat beds and has budgeted 4 yards of fabric
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Description: 57. FurryCats, Inc. makes cat beds and has budgeted 4 yards of fabric foreach bed and fabric costs $15 per yard currently. The company produced800 beds for the month, which was the budgeted production. There is 0.5yard of waste material for each bed

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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