Information from the Holzmann Company is as follows: Required: Determine the following variances: a. Direct material price

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Information from the Holzmann Company is as follows:

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Required: Determine the following variances:

a. Direct material price variance

b. Direct material quantity variance in dollars

c. Direct labor rate variance

d. Direct labor efficiency variance in dollars

e. Variable manufacturing overhead spending variance

f. Variable manufacturing overhead efficiency variance in dollars

g. Fixed manufacturing overhead budget variance

h. Fixed manufacturing overhead volume variance in dollars

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