The Litton Company has established standards as follows: Direct material: 3 pounds per unit @ $4...

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The Litton Company has established standards as follows: Direct material: 3 pounds per unit @ $4 per pound $12 per unit Direc

business accounting

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Answer 1

Answer #1

Materials Quantity Variance

= (SQ-AQ) * SP

= (600*3 - 2000) * 4

= (1800 - 2000) * 4

= 800 U

OPTION C is the answer

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Answer 2

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