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Business, 02.04.2021 01:20 santana647

Gamma Company budgeted to use 2 pounds of materials per unit at a budgeted cost of $100 per pound. Budgeted production and sales volume was 5,000 units. Actual production and sales volume was 4,000 units, and the company used a total of 8,080 pounds of materials at an actual cost of $102 per pound. The input price and input quantity variances are: Group of answer choices Input Price - Favorable; Input Quantity - Favorable Input Price - Favorable; Input Quantity - Unfavorable Input Price - Unfavorable; Input Quantity - Favorable Input Price - Unfavorable; Input Quantity - Unfavorable Not enough information

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Gamma Company budgeted to use 2 pounds of materials per unit at a budgeted cost of $100 per pound. B...
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