Solved: The standard direct material cost for a product is shs50, Accounting Basics

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The standard direct material cost for a product is shs50

Question - The following information relates to product XYZ for the period just ended.

• The standard direct material cost for a product is Shs50 per unit (12.5 kg at Shs 4 per kg).

• The actual amount paid for 45,600 kg of material purchased and used was Shs 173,280

• The direct material usage variance was Shs 15,200 (Unfavorable)

Required: Calculate the actual production for the period just ended.

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Accounting Basics: The standard direct material cost for a product is shs50

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Accounting Basics: The standard direct material cost for a product is shs50

Reference No:- TGS02868558

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