Premier Candle Company manufactures candles The standard direct materials quantity required to produce one tall candle is two pounds at a cost of $2.40 perpound During November, 1,000 tall candles were produced using 1.970 pounds of direct materials that cost $4.137.What is the direct matorials cost variance? (Round intermediary calculations to the nearest cent. Round the final answer to the nearest dollar)O A. $591 FO 8. $591 UOC. S72 UOD. S72 F

Name: Premier Candle Company manufactures candles The standard direct mater
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Description: Premier Candle Company manufactures candles The standard direct materials quantity required to produce one tall candle is two pounds at a cost of $2.40 perpound During November, 1,000 tall candles were produced using 1.970 pounds of direct materials

The discrepancy between the standard cost of materials generated from production activities and the…

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Premier Candie Company manufactures candles The standard direct materials quantity required to produce one tall candle is two pounds at a cost of $2. 40 per pound During November, 1,000 tall candies were produced using 1.970 pounds of direct materials that cost $4,137. What is the direct materials cost variance? (Round intermediary calculations to the nearest cent. Round the final answer to the nearest dollar) O A. $591 F O 8. $591 U OC. S72 U OD. S72 F

Premier Candie Company manufactures candles The standard direct materials quantity required to produce one tall candle is two pounds at a cost of $2. 40 per pound During November, 1,000 tall candies were produced using 1.970 pounds of direct materials that cost $4,137. What is the direct materials cost variance? (Round intermediary calculations to the nearest cent. Round the final answer to the nearest dollar) O A. $591 F O 8. $591 U OC. S72 U OD. S72 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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