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AR=ActualRateSR=StandardRateAQ=ActualQuantity Compute the direct materials price and quantity variances. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Compute the direct

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AR=ActualRateSR=StandardRateAQ=ActualQuantity Compute the direct materials price and quantity variances. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Compute the direct labor rate and efficiency variances. (indicste the effect of each variance by selecting favorable, unfavorable, or no variance.)

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