COST MANAGEMENT: A STRATEGIC EMPHASIS E
COST MANAGEMENT: A STRATEGIC EMPHASIS E
8th Edition
ISBN: 9781260912449
Author: BLOCHER
Publisher: MCG
Question
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Chapter 7, Problem 48P

1 and 2

To determine

Ascertain the total manufacturing costs per unit and gross margin for all the products.

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Direct labour cost variance: The standard material cost for vinyl use per table is $7.80 based on 6 square feet of vinyl at a cost of $1.60 per square foot. A production run of 1,000 in January resulted in usage of 6,400 square feet of vinyl at a cost of $1.20 per square foot, a total cost of $7,689. What is the quantity variance resulting from the above production run?
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Chapter 7 Solutions

COST MANAGEMENT: A STRATEGIC EMPHASIS E

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