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Information on Chicago Crafters direct materials costs follows: Chicago Crafters carries no materials inventories. Required: a. What were Chicago Crafters' direct moterials price and efficiency

Information on Chicago Crafters direct materials costs follows: Chicago Crafters carries no materials inventories. Required: a. What were Chicago Crafters' direct moterials price and efficiency variances? b. (Appendix) Prepare the journal entries to record the purchase and use of flloy using standard costing

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