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Author Question: Coffey Company maintains a very large direct materials inventory because of critical demands placed ... (Read 76 times)

Pineappleeh

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on: Mar 6, 2021
Coffey Company maintains a very large direct materials inventory because of critical demands placed upon it for rush orders from large hospitals. Item A contains hard-to-get material Y. Currently, the standard cost of material Y is $4.25 per gram. During February, 22,000 grams were purchased for $4.40 per gram, while only 20,000 grams were used in production. There was no beginning inventory of material Y. 

Required: 
a.  Determine the direct materials price variance, assuming that all materials costs are the responsibility of the materials purchasing manager.
b.  Determine the direct materials price variance, assuming that all materials costs are the responsibility of the production manager.
c.  Discuss the issues involved in determining the price variance at the point of purchase versus the point of consumption.
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by Pineappleeh on Mar 6, 2021

wergv

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Pineappleeh

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Reply 2 on: Mar 6, 2021
Excellent

komodo7

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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