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EX 2 2 - 5 Direct materials variances Kearny Inc. produces tablet computers. The company uses crystal LCD displays for its products. Each tablet uses
EX Direct materials variances
Kearny Inc. produces tablet computers. The company uses crystal LCD displays for its products. Each tablet uses one display. The company produced tablets during February. However, due to LCD defects, the company actually used LCD displays during February. Each display has a standard cost of $ The LCD displays were purchased for February production at a cost of $
Determine the price variance, quantity variance, and total direct materials cost variance for February.
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