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The Mason and Dixon Candle Company Has Assembled the Data

Question 10

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The Mason and Dixon Candle Company has assembled the data below regarding two of the raw materials it uses in its candle-making process.
The Mason and Dixon Candle Company has assembled the data below regarding two of the raw materials it uses in its candle-making process. Required: Compute the price and usage variances for each of the raw materials. Indicate whether each variance is favorable or unfavorable. Required:
Compute the price and usage variances for each of the raw materials. Indicate whether each variance is favorable or unfavorable.

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