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kitkat867 kitkat867
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A year ago

The Bowden Corporation makes a single product. Only one kind of direct material is used to make this product. The company uses a standard cost system. The company's cost records for June show the following data:

Number of units produced10,000
Material price variance$ 8,400Favorable
Material quantity variance$ 8,000Unfavorable
Actual direct material purchased and used21,000pounds
Direct materials standard price$ 8per pound

There were no beginning inventories of direct materials.

The standard cost of direct material for one unit of output is:



▸

$2 per unit



▸

$16 per unit



▸

$8 per unit



▸

$10 per unit

Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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JulzMarieJulzMarie
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A year ago
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kitkat867 Author
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A year ago
this is exactly what I needed
joyceess
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
jayfo05
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2 hours ago
Correct Slight Smile TY
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