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Ryker Company produces a product that requires 2 standard gallons per unit. The standard price is $20.00 per gallon. If 4,000 units required 8,200 gallons,

Ryker Company produces a product that requires 2 standard gallons per unit. The standard price is $20.00 per gallon. If 4,000 units required 8,200 gallons, which were purchased at $19.75 per gallon, what is the direct materials (a) price variance, (b) quantity variance, and (c) total cost variance?

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