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E 9 - 8 ( Algo ) Calculating Direct Materials Variances [ LO 9 - 3 ] Parker Plastic, incorporated, manufactures plastic mats to use

E9-8(Algo) Calculating Direct Materials Variances [LO 9-3]
Parker Plastic, incorporated, manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows:
Parker Plastic had the following actual results for the past year:
\table[[,\table[[1,020,000
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