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The Following Materials Standards Have Been Established for a Particular

Question 114

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The following materials standards have been established for a particular product: The following materials standards have been established for a particular product:   The following data pertain to operations concerning the product for the last month:   The direct materials purchases variance is computed when the materials are purchased.What is the materials price variance for the month? A)  $480 Favorable B)  $430 Favorable C)  $430 Unfavorable D)  $480 Unfavorable The following data pertain to operations concerning the product for the last month:
The following materials standards have been established for a particular product:   The following data pertain to operations concerning the product for the last month:   The direct materials purchases variance is computed when the materials are purchased.What is the materials price variance for the month? A)  $480 Favorable B)  $430 Favorable C)  $430 Unfavorable D)  $480 Unfavorable The direct materials purchases variance is computed when the materials are purchased.What is the materials price variance for the month?


A) $480 Favorable
B) $430 Favorable
C) $430 Unfavorable
D) $480 Unfavorable

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