FINANCIAL ACCOUNTING:TOOLS FOR BUSINESS
19th Edition
ISBN: 9781119493624
Author: Kimmel
Publisher: WILEY
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Financial Accounting
Omega Corp. has a material standard of 1.8 pounds per unit of output. Each pound has a standard price of $12 per pound. During March, Omega Corp. paid $48,600 for 4,050 pounds, which were used to produce 2,300 units. What is the direct materials quantity variance?
How much was Miller's net income for the year?
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