INTERMEDIATE ACCOUNTING (LL)-W/ACCESS
17th Edition
ISBN: 9781119598565
Author: Kieso
Publisher: WILEY
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The standard materials cost to produce 1 unit of Product S is 5 pounds of material at a standard price of $35 per pound. In manufacturing 9,500 units, 46,800 pounds of material were used at a cost of $36 per pound. What is the total direct materials cost variance?
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