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Revenue variances Dickinsen Company gathered the following data for December: Planned Actual Sales price per unit $5.80 $6.00 Number of units of sales X 820,000

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Revenue variances Dickinsen Company gathered the following data for December: Planned Actual Sales price per unit $5.80 $6.00 Number of units of sales X 820,000 X 805,000 Total sales $4,756,000 $4,830,000 Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number a. Compute the revenue price variance. b. Compute the revenue volume variance. c. Compute the total revenue variance. Direct Materials Variances The following data relate to the direct materials cost for the production of 2,300 automobile tires: Actual: 51,600 lbs. at $1.9 per ib. Standard: 52,600 lbs. at $1.85 per lb. a. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost varianen. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number Direct Materials Price Variance Favorable Direct Materials Quantity Variance Unfavorable a Total Direct Materials Cost Variance b. The direct materials price variance should normally be reported to the When lower amounts of direct materials are used because of production efficiencies, the variance would be reported to the When the favorable use of raw materials is caused by the purchase of higher quality raw materials, the variance should be reported to the

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