A dress company has the following standards to make one dress: Standard Quantity 3 yards per unit 1.5 hours per unit The company purchased 3,000 yards of material in March for $21,000. The company used 2,800 yards in March in order to make 7,700 dresses. The direct materials price Standard Price $6.50 per yard $8.00 per hour Direct materials Direct labor variance is: А. В. С. D. $1,400 unfavorable. $1,500 unfavorable. $1,400 favorable. $1,500 favorable.

A dress company has the following standards to make one dress: Standard Quantity 3 yards per unit 1.5 hours per unit The company purchased 3,000 yards of material in March for $21,000. The company used 2,800 yards in March in order to make 7,700 dresses. The direct materials price Standard Price $6.50 per yard $8.00 per hour Direct materials Direct labor variance is: А. В. С. D. $1,400 unfavorable. $1,500 unfavorable. $1,400 favorable. $1,500 favorable.

Name: A dress company has the following standards to make one dress:Standar
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Description: A dress company has the following standards to make one dress:Standard Quantity3 yards per unit1.5 hours per unitThe company purchased 3,000 yards of material in March for $21,000. The companyused 2,800 yards in March in order to make 7,700 dresses.

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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