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Bellingham Company produces a product that requires 6standardpounds per unit. The standard price is $3 per pound. If 4,800 units required 29,700 pounds, which were
Bellingham Company produces a product that requires 6standardpounds per unit. The standard price is $3 per pound. If 4,800 units required 29,700 pounds, which were purchased at $2.88 per pound, what is the direct materials (a)price variance, (b)quantity variance, and (c) total direct materialscost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
a.Direct materials price variance$
b.Direct materials quantity variance$
c.Total direct materials cost variance$
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