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Question
A company had a $56,000 unfavorable direct material quantity variance during a time period when the standard price per pound of direct material was $7 and the actual price per pound of direct material was $7.50. If the standard quantity of direct material allowed for production was 52,000 pounds, how many pounds of direct material were actually used during this period?
A. 60,000 pounds
B. 44,000 pounds
C. 56,000 pounds
D. 364,000 pounds
E. 420,000 pounds
Answer
This answer is hidden. It contains 154 characters.
Related questions
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Q:
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Q:
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E. Speculation of interest rates and economic performance only.
Q:
If net present values are used to evaluate two investments that have equal costs and equal total cash flows, the one with more cash flows in the early years has the higher net present value.