Business
Business, 07.05.2021 02:50, mutoni55

Gipple Corporation makes a product that uses a material with the quantity standard of 7.8 grams per unit of output and the price standard of $6.50 per gram. In January the company produced 3,900 units using 25,370 grams of the direct material. During the month the company purchased 27,900 grams of the direct material at $6.70 per gram. The direct materials purchases variance is computed when the materials are purchased. The materials price variance for January is:

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Gipple Corporation makes a product that uses a material with the quantity standard of 7.8 grams per...

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