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Direct Materials Variances Alvarado Company produces a product that requires 1 2 standard pounds per unit. The standard price is $ 4 . 5 0
Direct Materials Variances
Alvarado Company produces a product that requires standard pounds per unit. The standard price is $ per pound. If units used pounds, which were purchased at $ per pound, what is the direct materials a price variance, b quantity variance, and c cost variance? Enter a favorable variance as a negative number using a minus sign and anfavorable variance as a positive number.
a Direct materials price variance :
b Direct materials quantity variance $
c Direct materials cost variance
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