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Computation of Variable Cost Variances The following information pertains to the standard costs and actual activity for Repine Company for September. There were no beginning
Computation of Variable Cost Variances
The following information pertains to the standard costs and actual activity for Repine Company for September.
There were no beginning direct materials inventories.
REQUIRED
a Determine the materials price and quantity variances.
Note: Do not use negative signs with your answers.
b Determine the labor rate and efficiency variances.
Note: Do not use negative signs with your answers.
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