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Luma Incorporated Has Provided the Following Data Concerning One of the Products

Question 112

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Luma Incorporated has provided the following data concerning one of the products in its standard cost system. Luma Incorporated has provided the following data concerning one of the products in its standard cost system. The company has reported the following actual results for the product for September: The raw materials price variance for the month is closest to: A) $9,081 Unfavorable B) $9,450 Favorable C) $9,450 Unfavorable D) $9,081 Favorable The company has reported the following actual results for the product for September:
Luma Incorporated has provided the following data concerning one of the products in its standard cost system. The company has reported the following actual results for the product for September: The raw materials price variance for the month is closest to: A) $9,081 Unfavorable B) $9,450 Favorable C) $9,450 Unfavorable D) $9,081 Favorable The raw materials price variance for the month is closest to:


A) $9,081 Unfavorable
B) $9,450 Favorable
C) $9,450 Unfavorable
D) $9,081 Favorable

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