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Figure 1 Max Company Has Developed the Following Standards for One of One

Question 23

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Figure 1
Max Company has developed the following standards for one of its products:
The following activities occurred during the month of October:
Figure 1 Max Company has developed the following standards for one of its products: The following activities occurred during the month of October:    The company records materials price variances at the time of purchase.    -Refer to Figure 1. Max's materials price variance would be A)  £50,000 favorable B)  £50,000 unfavorable C)  £10,000 unfavorable D)  £10,000 favorable The company records materials price variances at the time of purchase.
Figure 1 Max Company has developed the following standards for one of its products: The following activities occurred during the month of October:    The company records materials price variances at the time of purchase.    -Refer to Figure 1. Max's materials price variance would be A)  £50,000 favorable B)  £50,000 unfavorable C)  £10,000 unfavorable D)  £10,000 favorable
-Refer to Figure 1. Max's materials price variance would be


A) £50,000 favorable
B) £50,000 unfavorable
C) £10,000 unfavorable
D) £10,000 favorable

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