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    Managerial Accounting Study Set 25
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    Exam 8: Evaluating Variances From Standard Costs
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    The Following Data Is Given for the Stringer Company
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The Following Data Is Given for the Stringer Company

Question 33

Question 33

Multiple Choice

The following data is given for the Stringer Company: The following data is given for the Stringer Company:   Overhead is applied on standard labor hours. The direct materials price variance is: A)  $22,800 unfavorable B)  $22,800 favorable C)  $52,000 unfavorable D)  $52,000 favorable Overhead is applied on standard labor hours.
The direct materials price variance is:


A) $22,800 unfavorable
B) $22,800 favorable
C) $52,000 unfavorable
D) $52,000 favorable

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