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1 Fischer Fabrication reported the following information concerning its direct materials: Compute the direct materials cost variances. Note: Indicate the effect of each variance by

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Fischer Fabrication reported the following information concerning its direct materials: Compute the direct materials cost variances. Note: Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option. Answer is complete but not entirely correct

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