Cost variance

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May 2, 2007, 05:45 AM

aznluv

New Member

Join Date: May 2007

Posts: 1

Cost variance

Telephone company produce 450 rolls of telephone wire during June

Direct Materials

Standarda cost per roll: $4.00
how do I find the number of pounds?

Total actual cost: $9600
how do I find the numver of pounds?

Standard cost allowed for units produced was $9000

How do I find MPV?

Materials efficiency variance was $80 unfavorable

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