Kurup Manufacturing has a standard of 3.4 pounds of materials per unit, at $14.80 per pound. In producing 1,050 units, Kurup used 3,400 pounds of materials at a total cost of $49,200. What is Kurup's total materials variance?
Kurup Manufacturing has a standard of 3.4 pounds of materials per unit, at $14.80 per pound. In producing 1,050 units, Kurup used 3,400 pounds of materials at a total cost of $49,200. What is Kurup's total materials variance?
Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 5PA: Ed Co. manufactures two types of O rings, large and small. Both rings use the same material but...
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Transcribed Image Text:Kurup Manufacturing has a standard of 3.4 pounds of
materials per unit, at $14.80 per pound. In producing
1,050 units, Kurup used 3,400 pounds of materials at
a total cost of $49,200. What is Kurup's total
materials variance?
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