Company used 8000 yards of material to make 2500 dresses in, Ask an Expert

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Q1) A dress company has following standards to make one dress:

	Standard Quantity	Standard Price
Direct materials	3 yards per unit	$6.50 per yard
Direct labor	1.5 hours per unit	$8.00 per hour

Company used 8,000 yards of material to make 2,500 dresses in April. Direct materials quantity variance is?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M921452

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