ACP AUDITING - RISK BASED APPROACH
10th Edition
ISBN: 9780357195079
Author: JOHNSTONE
Publisher: CENGAGE C
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Poonam has a standard of 1.5 pounds of materials per unit,
at S6 per pound. In producing 2,000 units, Poonam used
3,100 pounds of materials at a total cost of $18,135.
Poonam's material quantity variance is favorable or
unfavorable?
General Accounting
Subject: General Accounting
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- The following information describes a company's usage of direct labor in a recent period: Actual direct labor hours used 32,500 Actual rate per hour $18.00 Standard rate per hour $16.50 Standard hours for units produced 32,000 How much is the direct labor efficiency variance? Answer: $8,250 unfavorablearrow_forwardPlease answer me this accounting questionarrow_forwardFinancial accounting questionarrow_forward
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