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Use the Information Below to Answer the Following Question(s)

Question 65

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Use the information below to answer the following question(s) .
Tractor Corporation produces toy tractors. The company uses the following direct cost categories:
Use the information below to answer the following question(s) . Tractor Corporation produces toy tractors. The company uses the following direct cost categories: Actual performance and budgeted performance for the company is shown below: Direct Materials: Direct Manufacturing Labour: Direct Marketing Labour: -What is the price variance of the direct materials? A) $10,000 favourable B) $11,500 unfavourable C) $11,500 favourable D) $10,000 unfavourable E) $11,000 favourable Actual performance and budgeted performance for the company is shown below:
Use the information below to answer the following question(s) . Tractor Corporation produces toy tractors. The company uses the following direct cost categories: Actual performance and budgeted performance for the company is shown below: Direct Materials: Direct Manufacturing Labour: Direct Marketing Labour: -What is the price variance of the direct materials? A) $10,000 favourable B) $11,500 unfavourable C) $11,500 favourable D) $10,000 unfavourable E) $11,000 favourable Direct Materials:
Use the information below to answer the following question(s) . Tractor Corporation produces toy tractors. The company uses the following direct cost categories: Actual performance and budgeted performance for the company is shown below: Direct Materials: Direct Manufacturing Labour: Direct Marketing Labour: -What is the price variance of the direct materials? A) $10,000 favourable B) $11,500 unfavourable C) $11,500 favourable D) $10,000 unfavourable E) $11,000 favourable Direct Manufacturing Labour:
Use the information below to answer the following question(s) . Tractor Corporation produces toy tractors. The company uses the following direct cost categories: Actual performance and budgeted performance for the company is shown below: Direct Materials: Direct Manufacturing Labour: Direct Marketing Labour: -What is the price variance of the direct materials? A) $10,000 favourable B) $11,500 unfavourable C) $11,500 favourable D) $10,000 unfavourable E) $11,000 favourable Direct Marketing Labour:
Use the information below to answer the following question(s) . Tractor Corporation produces toy tractors. The company uses the following direct cost categories: Actual performance and budgeted performance for the company is shown below: Direct Materials: Direct Manufacturing Labour: Direct Marketing Labour: -What is the price variance of the direct materials? A) $10,000 favourable B) $11,500 unfavourable C) $11,500 favourable D) $10,000 unfavourable E) $11,000 favourable
-What is the price variance of the direct materials?


A) $10,000 favourable
B) $11,500 unfavourable
C) $11,500 favourable
D) $10,000 unfavourable
E) $11,000 favourable

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