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Dvorak Company produces a product that requires two standard gallons per unit. The standard price is $2.50 per pound. If 1,000 units required 4,500 pounds,
Dvorak Company produces a product that requires two standard gallons per unit. The standard price is $2.50 per pound. If 1,000 units required 4,500 pounds, which were purchased at $3.00 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 an unfavorable variance as a positive number. Direct materials price variance $ Direct materials quantity variance $ Direct materials cost variance $
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