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Business, 28.12.2019 04:31 alexaguayza6

The following data is given for the stringer company: budgeted production 26,000 units actual production 27,500 units materials: standard price per ounce $6.50 standard ounces per completed unit 8 actual ounces purchased and used in production 228,000 actual price paid for materials $1,504,800 labor: standard hourly labor rate $22 per hour standard hours allowed per completed unit 6.6 actual labor hours worked 183,000 actual total labor costs $4,020,000 overhead: actual and budgeted fixed overhead $1,029,600 standard variable overhead rate $24.50 per standard labor hour actual variable overhead costs $4,520,000 overhead is applied on standard labor hours. the direct materials price variance is

select one:

a. $22,800 unfavorable
b. $22,800 favorable
c. $52,000 unfavorable
d. $52,000 favorable

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Answers: 1

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