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Majer Corporation Makes a Product with the Following Standard Costs

Question 175

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Majer Corporation makes a product with the following standard costs: Majer Corporation makes a product with the following standard costs: The company reported the following results concerning this product in February. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The materials price variance for February is: A) $3,136 F B) $3,260 F C) $3,136 U D) $3,260 U The company reported the following results concerning this product in February.
Majer Corporation makes a product with the following standard costs: The company reported the following results concerning this product in February. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The materials price variance for February is: A) $3,136 F B) $3,260 F C) $3,136 U D) $3,260 U The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.
The materials price variance for February is:


A) $3,136 F
B) $3,260 F
C) $3,136 U
D) $3,260 U

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