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Grace Company manufactures candles. The standard direct materials quantity required to produce one large candle is one pound at a cost of $5 per pound. During November, 7,200 large candles were produced using 7,500 pounds of direct materials that cost $45,000.

Using the format below, prepare an analysis of the direct materials variances.

graphic(23.3-37.jpg)
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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Deprecated Author
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#2
7 years ago
Makes perfect sense, thx
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#3
3 years ago
love it
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#4
3 years ago
thanks a lot
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#5
3 years ago
great
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#6
3 years ago
Thank you buddy
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#7
3 years ago
Thank you
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#8
3 years ago
thanks
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