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nrod1120 nrod1120
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A year ago
Johnston Manufacturing Company purchased 14,000 switches to make 6,000 units. The standard allows for 2 switches per unit. The company actually used 12,500 to produce the 6,000 units. Johnston budgeted $0.75 per switch, but because they received a discount for purchasing more than 10,000 switches, they received a discount of $0.05 per switch and paid $0.70 each. What is Johnston's direct materials quantity variance for the period?

▸ $1,500 favorable

▸ $375 favorable

▸ $375 unfavorable

▸ $1,125 favorable
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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jewelzzPjewelzzP
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A year ago
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nrod1120 Author
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You make an excellent tutor!
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Just got PERFECT on my quiz
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Helped a lot
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