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Goiziness Schoolueta Bus Operations And Supply Chain Management Assignment Help - Actual cost of material

Question - In December, Sam Antari, president of Antari Inc., received the following information from Denise Sweet, the new controller, in regard to November production of travel bags: November production ……………………………. 4,800 bags Actual cost of material purchased and used …… $14,550 Standard material allowed …………………………. 0.5 square yard per bag Material quantity variance ………………………… $600 U Standard price per yard of material ………………….. $6 Actual hours worked ……………………………… 9,760 hours Standard labor time per bag ………………………… 2 hours Labor rate variance ………………………………… $1,464 F Standard labor rate per hou ...Read More

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