Ali Inc. produces a product requiring 8 pounds of material at P1.50 per pound. Ali Inc. produced 10,000 units of this product during 2021 resulting in a P30,000 unfavorable materials quantity variance. How many pounds of direct material did Ali Inc use during 2021?

Ali Inc. produces a product requiring 8 pounds of material at P1.50 per pound. Ali Inc. produced 10,000 units of this product during 2021 resulting in a P30,000 unfavorable materials quantity variance. How many pounds of direct material did Ali Inc use during 2021?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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