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Direct Material Direct Labor Std. price per unit of input $12 per foot $14 per foot Actual price per unit of input $14 per foot

Direct Material Direct Labor

Std. price per unit of input

$12 per foot $14 per foot
Actual price per unit of input $14 per foot $13 per foot
Std. inputs allowed per unit of output 5 feet 3 hours
Actual units of input 2,500 feet
Actual units of output 600 units 1,550 hours
Required:
Compute the price and quantity variances for direct materials and direct labor.

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