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  3. Study Set
    Managerial Accounting Study Set 7
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    Exam 7: Performance Evaluation Using Variances From Standard Costs
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    Morocco Desk Co
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Morocco Desk Co

Question 68

Question 68

Multiple Choice

Morocco Desk Co.purchases 6,000 feet of lumber at $6.00 per foot.The standard price for direct materials is $5.00.The entry to record the purchase and unfavorable direct materials price variance is


A) Morocco Desk Co.purchases 6,000 feet of lumber at $6.00 per foot.The standard price for direct materials is $5.00.The entry to record the purchase and unfavorable direct materials price variance is   A)    B)    C)    D)
B) Morocco Desk Co.purchases 6,000 feet of lumber at $6.00 per foot.The standard price for direct materials is $5.00.The entry to record the purchase and unfavorable direct materials price variance is   A)    B)    C)    D)
C) Morocco Desk Co.purchases 6,000 feet of lumber at $6.00 per foot.The standard price for direct materials is $5.00.The entry to record the purchase and unfavorable direct materials price variance is   A)    B)    C)    D)
D) Morocco Desk Co.purchases 6,000 feet of lumber at $6.00 per foot.The standard price for direct materials is $5.00.The entry to record the purchase and unfavorable direct materials price variance is   A)    B)    C)    D)

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