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Levine inc, which produces a single product, has prepared the following standard cast sheet for one unit of the product. During the month of April,
Levine inc, which produces a single product, has prepared the following standard cast sheet for one unit of the product. During the month of April, the company manulactures 170 units and iocurs the following actual costs. Compute the total, price, and quantity variances for materials and Isbor ompute the total, price, and quantity variances for materials and labor. Total materials variance Materials price variance Materials quantity variance Total labor variance Labor price variance Labor quantity variance
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