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Accounting for Decision Making and Control 7th Edition by Jerold Zimmerman
النسخة 7الرقم المعياري الدولي: 978-0078136726Accounting for Decision Making and Control 7th Edition by Jerold Zimmerman
النسخة 7الرقم المعياري الدولي: 978-0078136726 تمرين 4
AN7-X1
A new pharmaceutical drug calls for 4.5 ounces of compound AN7-X1 per batch of 250 tablets. AN7- X1 has a standard price of $2 per ounce. An initial inventory of 8,000 ounces of AN7-X1 is purchased for $17,200. The firm produces 1,000 batches of the new drug and uses 4,600 ounces of AN7-X1. All variances are calculated as soon as possible.
Required:
Calculate the price and quantity variances for AN7-X1.
A new pharmaceutical drug calls for 4.5 ounces of compound AN7-X1 per batch of 250 tablets. AN7- X1 has a standard price of $2 per ounce. An initial inventory of 8,000 ounces of AN7-X1 is purchased for $17,200. The firm produces 1,000 batches of the new drug and uses 4,600 ounces of AN7-X1. All variances are calculated as soon as possible.
Required:
Calculate the price and quantity variances for AN7-X1.
التوضيح
موثّق
موثّق
Standard costing
Standard costing is th...
Accounting for Decision Making and Control 7th Edition by Jerold Zimmerman
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