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first question second question Compute the direct materials price and quantity variances and identify each as favorable or unfavorable. A company reports the following information

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Compute the direct materials price and quantity variances and identify each as favorable or unfavorable. A company reports the following information for its direct labor. AH=ActualHoursSH=StandardHoursAR=ActualRateSR=StandardRate Compute the direct labor rate and efficiency variances and identify each as favorable or unfavorable

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