ACCT 225 - Assignment 7-4

Standard quantity allowed for actual output at

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Unformatted text preview: Standard Price (SQ SP) 51,000 pounds $1.80 per pound $91,800 Variance 50 U Standard Hours Allowed for Actual Output, at the Standard Rate (SH SR) 12,000 hours 15,000 pools 0.8 hours per pool = 12, $9.20 per hour $110,400 Variance, 11,800 hours 12000 hours) Standard Hours Allowed for Actual Output, at the Standard Rate (SH SR) 7500 hours = (15000 pools x 0.5 hours per pool) $3.10 per hour $23,250 Variance, r hour (74007500) le cost of goods sold to increase from the budgeted level of $220050 to $227120 tual net operating income for the month. hours per pool = 12,000 hours...
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This note was uploaded on 05/02/2008 for the course ACCT 225 taught by Professor H during the Winter '08 term at Franklin.

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