O)The flexible-budget variance for materials is $5,000 (U). The sales-volume variance is $13,000 (U). The price ariance for material is $31000 (F). The efficiency variance for direct manufacturing labor is $7,000 (F). Calculate e efficiency variance for materials.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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10)The flexible-budget variance for materials is $5,000 (U). The sales-volume variance is $13,000 (U). The price
variance for material is $31000 (F). The efficiency variance for direct manufacturing labor is $7,000 (F). Calculate
the efficiency variance for materials.
11)Corp has prepared the following flexible budget for . F = favorable variance, U = unfavorable variance.
Transcribed Image Text:10)The flexible-budget variance for materials is $5,000 (U). The sales-volume variance is $13,000 (U). The price variance for material is $31000 (F). The efficiency variance for direct manufacturing labor is $7,000 (F). Calculate the efficiency variance for materials. 11)Corp has prepared the following flexible budget for . F = favorable variance, U = unfavorable variance.
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