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book Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen cover

Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen

النسخة 2الرقم المعياري الدولي: 978-1111824402
book Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen cover

Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen

النسخة 2الرقم المعياري الدولي: 978-1111824402
تمرين 51
Direct Materials Variances: Journal Entries
Refer to Exercise 9.17. Chypre, Inc., purchased the amount used of each direct material input on May 2 for the following actual prices: solvent mix for $5.20 per gallon, and aromatic compound for $8,010 per gallon.
Required:
1. Compute and journalize the direct materials price variances.
2. Compute and journalize the direct materials usage variances.
3. Offer some possible reasons for why the variances occurred.
التوضيح
موثّق
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1.Direct materials price variance =
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Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen
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