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Perfect Pet Colar Company makes custom leather pet colars The company expects each collar to reoure 2.40 feet of leather and predicts leather will cost
Perfect Pet Colar Company makes custom leather pet colars The company expects each collar to reoure 2.40 feet of leather and predicts leather will cost $4.30 per foot Suppose Perfect Pet made 90 collars during February For these 90 colars the company achualy averaged 2 60 feet of leather per collar and paid 53.90 per foot Requiredt 2. without performg any calcutatons, determine whether the direct materials price variance w be favorable or unfavorable caiculstons, deterimne whether the direct materials quantity variance wll be favorable or unfavorabke calculations and final answers to 2 decimal places. Indicate the effect of each variance by selecthing " tor favorable, "U" for 1023 PM
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