Coronado has a standard of 1.4 pounds of materials per unit, at $7 per pound. In producing 4000 units, Coronado used 5700 pounds of materials at a total cost of $39330. Coronado's total material variance is $130 U. O $570 U. O $700 U. O $490 F.

Coronado has a standard of 1.4 pounds of materials per unit, at $7 per pound. In producing 4000 units, Coronado used 5700 pounds of materials at a total cost of $39330. Coronado's total material variance is $130 U. O $570 U. O $700 U. O $490 F.

Name: Coronado has a standard of 1.4 pounds of materials per unit, at $7 pe
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Description: Coronado has a standard of 1.4 pounds of materials per unit, at $7 per pound. In producing 4000 units, Coronado used 5700 pounds ofmaterials at a total cost of $39330. Coronado's total material variance isO $130 U.O $570 U.O $700 U.O $490 F.

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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Subject: accounting
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