* You are presented with the following information for X Limited: Standard price per unit: 10. Standard...

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* You are presented with the following information for X Limited:

Standard price per unit: £10.

Standard quantity for actual production: 5 units.

Actual price per unit: £12.

Actual quantity: 6 units.

Required:

Calculate the following variances:

1 direct material total variance;

2 direct material price variance; and 3 direct material usage variance.

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