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The company purchased 4000 yards of material in march for

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The company purchased 4,000 yards of material in March for $40,000. The company used 3,800 yards in March in order to make 900 suits. The direct materials price variance is:

  • A suit company has the following standards to make one suit:
  • Standard Quantity Standard Price
  • Direct materials 4 yards per unit $9.50 per yard
  • Direct labor 2 hours per unit $12.00 per hour

Reference no: EM13602357

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