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Please show your work. Thanks A company provided the following direct materials cost information. Compute the total direct materials cost variance. $ 854,000 Standard costs
Please show your work. Thanks
A company provided the following direct materials cost information. Compute the total direct materials cost variance. $ 854,000 Standard costs assigned: Direct materials standard cost (427,000 units @ $2.00 / unit) Actual costs: Direct materials costs incurred (425,750 units @ $2.20 / unit) $936,650 0 $85,150 Unfavorable. 0 $2,500 Favorable. 0 $82,650 Unfavorable. 0 $82,650 Favorable. 0 $85,150 FavorableStep by Step Solution
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