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A manufactured product has the following information for June. table [ [ , Standard Quantity and Cost,Actual Results ] , [ Direct materials, 7
A manufactured product has the following information for June.
tableStandard Quantity and Cost,Actual ResultsDirect materials, pounds @ $ per pound, pounds @ $ per poundDirect labor, DLH @ $ per DLH hours @ $ per houroverhead DLH @ $ per DLH$ units
Compute the
direct materials price variance and
direct materials quantity variance.
Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Cost per unit" answers to decimal places.
Actual Quantity
Standard Quantity
Actual Price
Standard Price
tableActual Cost,
table
tableStandard Cost,
table
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