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Evaluate the standard costing system of Ford Motor Company for its automobile manufacturing division. Standard direct material cost per unit is $250, standard direct labor

Evaluate the standard costing system of Ford Motor Company for its automobile manufacturing division. Standard direct material cost per unit is $250, standard direct labor cost per unit is $150, and standard variable overhead cost per unit is $75. Calculate the direct material, direct labor, and variable overhead variances for the production of 8,000 units.

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