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Title: Puget Company has gathered the following information about its purchase and use of raw materials for Post by: bernie2981 on Nov 14, 2015 Puget Company has gathered the following information about its purchase and use of raw materials for December:
Standard Price (SP) per pound of raw material $12.00 Actual purchase price per pound of raw material $11.50 Standard Quantity Allowed (SQ.A for actual production (pounds) 1,000 Actual Quantity (AQ) of raw materials purchased (pounds) 1,150 Puget Company uses a standard cost system. What is the materials price variance? A) $575 favorable B) $500 unfavorable C) $500 favorable D) $575 unfavorable Title: Re: Puget Company has gathered the following information about its purchase and use of raw materials Post by: nuclei on Nov 21, 2015 Content hidden
Title: Re: Puget Company has gathered the following information about its purchase and use of raw materials for Post by: bernie2981 on Dec 1, 2015 Answers my question perfectly.
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