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To illustrate how cost variance analysis works

To illustrate how cost variance analysis works - developed...

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To illustrate how cost variance analysis works, assume you are the plant manager for Bases, Inc., a  company that makes a set of soft bases for playing baseball in gymnasiums. The budget assumes  150,000 sets of bases will be produced annually. The following standard cost per set of bases was 
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Unformatted text preview: developed: Quantity per set Cost Cost per set Direct Materials 4.5 feet $1.10 $ 4.95 Direct Labor .5 hour $9 per hour 4.50 Manufacturing Overhead .5 hour $1.30 per .65 Total Cost per Unit $10.10...
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