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help Willow Incorporated has provided the following information: a. Calculate the direct materials price variance. Note: Do not round your intermediate calculations. Indicate the effect
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Willow Incorporated has provided the following information: a. Calculate the direct materials price variance. Note: Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance). b. Calculate the direct materials quantity variance. Note: Round your final answers to nearest whole dollar. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (L.e., zero variance). Round your final answer to nearest dollar amount. c. Calculate the direct labor rate variance. Note: Do not round your intermediate calculations. Round your final answers to nearest whole dollar. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (l.e., zero variance). d. Calculate the direct labor efficiency variance. Note: Do not round intermediate calculations and round your final answer to nearest dollar amount. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (1.e., zero variance). e. Calculate the variable overhead rate variance. Note: Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance). f. Calculate the variable overhead efficiency variance. Note: Do not round intermediate calculations and round your final answer to nearest dollar amount. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance). 9. Calculate the fixed overhead spending variance. Note: Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (1.e., zero variance) Step by Step Solution
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