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King Furniture Company produces a chair for which the standard specifies 6 yards of material per unit. The standard price of one yard of material

King Furniture Company produces a chair for which the standard specifies 6 yards of material per unit. The standard price of one yard of material is $10.55. During the month, 8,000 chairs were manufactured, using 50,500 yards at a cost of $10.25.
Determine the (a) direct materials price variance, (b) direct materials quantity variance, and (c) total direct materials cost variance. (show work)

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