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Handley Manufacturing Company has prepared the following flexible budget for August and is in the ...

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Handley Manufacturing Company has prepared the following flexible budget for August and is in the ...

Handley Manufacturing Company has prepared the following flexible budget for August and is in the process of interpreting the variances. F denotes a favorable variance and U denotes an unfavorable variance.

FlexibleVariances
BudgetPriceEfficiency
Material A$45,000$1,100F$3,200U
Material B61,000800U2,000F
Direct manufacturing labor83,000600U2,500F

The actual amount spent for Material B was ________.
A) $58,200
B) $59,800
C) $61,000
D) $62,200

Textbook

Cost Accounting: A Managerial Emphasis

Edition: 16^th

Authors: Horngren, Datar, Rajan

Read 75 times

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More solutions for this book are available here

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