Solved: Last period the company had the follwoing results what is, Accounting Basics

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Last period the company had the follwoing results what is

Problem - Standard Cost:

DM: 5 grams at .35 per gram

DL: 1 hour at 8$

Last period the company had the follwoing results:

5,000 grams of DM at .40 per gram
4,000 grams of DM used in productio
900 units of production were made
850 hrs direct labor were used

Required - What is the Journal entry made to Work in Progress, and Materials Quantity Variance?

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Accounting Basics: Last period the company had the follwoing results what is

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Accounting Basics: Last period the company had the follwoing results what is

Reference No:- TGS02396761

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