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    Cornerstones of Managerial Accounting Study Set 2
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    Exam 10: Standard Costing: a Managerial Control Tool
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    Refer to Risco Company
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Refer to Risco Company

Question 157

Question 157

Multiple Choice

Refer to Risco Company. Suppose the actual cost was $87 per kilogram and the company purchased 27,500 kg of steel. All materials purchased were used. What is the materials usage variance?


A) $13,500 U
B) $13,500 F
C) $10,500 U
D) $10,500 F

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