Question: Facoma, Inc., has determined a standard direct materials cost per unit of $7.80 (2 feet $3.90 per foot). Last month, Facoma purchased and used

Facoma, Inc., has determined a standard direct materials cost per unit of $7.80 (2 feet × $3.90 per foot). Last month, Facoma purchased and used 4,450 feet of direct materials for which it paid $16,910. The company produced and sold 2,110 units during the month. Calculate the direct materials price, quantity, and spending variances.

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