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Direct Materials Direct Manufacturing Labor Costs incurred: Actual inputs actual prices $210,000 86,000 Actual inputs standard prices 213,000 83,000 Standard inputs allowed for actual output

Direct Materials Direct Manufacturing Labor
Costs incurred: Actual inputs actual prices

$210,000

86,000
Actual inputs standard prices 213,000 83,000
Standard inputs allowed for actual output standard prices 215,000 79,000

Compute the price, efficiency, and flexible-budget variances for direct materials and direct manufacturing labor.

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