Essay
Al's Boxes manufactures corrugated boxes.The standard materials allowed for each box is 0.5 kilograms of paper, which has a standard cost of $5 per kilogram.During April 10,000 kilograms were used to manufacture 19,500 boxes.The actual materials cost was $5.25 per kilogram.Required:
a.Determine the materials rate variance.
b.Determine the materials efficiency variance.
Correct Answer:
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a.Rate variance = ($5 - $5.25)...View Answer
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