Hi, I would like to ask a question regarding ACCT.
Acoma, Inc., has determined a standard direct materials cost per unit of $8 (2 feet × $4 per foot). Last month, Acoma purchased and used 4,200 feet of direct materials for which it paid $15,750. The company produced and sold 2,000 units during the month.
Calculate the direct materials price, quantity, and spending variances."
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