What is the amount of direct materials quantity variance, Accounting Basics

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What is the amount of direct materials quantity variance

The standard costs and actual costs for direct materials for the manufacture of 2,500 actual units of product are as follows:

Standard Costs: Direct materials (per completed unit) takes 1.04 kilograms @ $8.75

Actual Costs: Direct materials took 2,500 kilograms @ $8

what is the amount of direct materials quantity variance ?

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Accounting Basics: What is the amount of direct materials quantity variance

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Accounting Basics: What is the amount of direct materials quantity variance

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Recent Questions Asked Accounting Basics

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the amount of direct materials quantity variance

Reference No:- TGS068375

Recent Questions Asked Accounting Basics

Q : Actual value of final goods and services

Q : Overhead applied on the basis of machine hours

Q : How current liability accounts managed to improve cash flow

Q : Compair north america racial ideologies and their effects

Q : What is the amount of direct materials quantity variance

Q : Equilibrium quantity of yak butter

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