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Hillman Company's actual direct materials cost and standard costs for February are as follows: Actual quantity purchased 3,600 pounds actual quantity used in production 3,500

Hillman Company's actual direct materials cost and standard costs for February are as follows:

Actual quantity purchased 3,600 pounds
actual quantity used in production 3,500 pounds
actual price per pound $11.00
standard price per pound $12.00
standard quanity allowed for actual production 3,400 pounds

The direct materials price variance is? direct materials inventory variance? Direct materials usage variance?

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