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A. First 3 drop downs either favorable or unfavorable B. Plant Manager or Purchasing Department Purchasing Department or Production Supervisor Purchasing Department or Production Supervisor

A. First 3 drop downs either favorable or unfavorable
B. Plant Manager or Purchasing Department
Purchasing Department or Production Supervisor
Purchasing Department or Production Supervisor
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akeAssignment/takeAssign eBook Show Me How Direct Materials Variances The following data relate to the direct materials cost for the production of 2,000 automobile tires: Actual: 49,400 lbs, at $1.75 per ib. Standard: 50,400 lbs. at $1.70 per ib. a. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost varlance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number Direct Materials Price Variance Direct Materiale Quantity Variance Total Direct Materials Cost Variance b. The direct materials price variance should normally be reported to the . When lower amounts of direct materials are used because of production efficiencies, the variance would be reported to the 5. When the favorable use of raw materials is caused by the purchase of higher quality raw materials, the variance should be reported to the

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