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1 . Prepare the following variance analyses for both chocolates and the total, based on the actual results and production levels at The end of
Prepare the following variance analyses for both chocolates and the total, based on the actual results and production levels at The end of the budget year:
Direct materials price variance, direct materials quantity variance, and total variance.
Direct labor rate variance, direct labor time variance, and total variance.
Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. A Direct materials price variance. Unfavorable
Direct materials quantity variance Favorable
Total direct materials cost? Unfavorable variance B Direct labor rate variance. Unfavorable
Direct labor time variance?
favorable
Total direct labor cost variance? Unfavorable
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