Copper Company reports the following standards for direct materials for the year:
During the year,420,000 finished goods were produced.The direct materials price variance was $13,600 unfavourable.The direct materials flexible budget variance was $1,200 favourable.The quantity of direct materials purchased was the same as the amount used.
Calculate the following items regarding direct materials for Douglas Corporation for the year:
1.Direct materials efficiency variance
2.Standard quantity of direct materials for actual production
3.Actual kilograms of direct materials used for actual production
Definitions:
Training Programs
Structured educational activities designed to enhance the skills, knowledge, and competencies of employees.
Artificial Intelligence
The simulation of human intelligence in machines that are programmed to think and learn like humans.
Electronic Performance
The evaluation and tracking of employees' work performance through digital means.
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