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Midlands Technical College Operations And Supply Chain Management Assignment Help - Huron Group

Question - Huron Group had the following direct materials data for its product: Standard costs for one unit of output Material Twinkle. . . . . . . . . . . . . . . . 20 units of input at $20 Material Star . . . . . . . . . . . . . . . . . . . 40 units of input at $30 During October, the company had the following results: Units of output produced 2,000 units Materials purchased and used Material Twinkle. . . . . . . . . . . . . . . . 44,000 units at $18 Material Star . . . . . . . . . . . . . . . . . . . 76,000 units at $32 Required a. Compute materials price and efficiency variances. b. Compute materials mix and yield variances.

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