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Sparingly Manufacturing has developed the following standards for one of its products STANDARD VARIABLE COST CARD One Unit of Product The company records materials price

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Sparingly Manufacturing has developed the following standards for one of its products STANDARD VARIABLE COST CARD One Unit of Product The company records materials price variances at the time of purchase. The following activity occurred during the month of December: a. Calculate the direct materials price variance. b. Calculate the direct materials usage variance. c. Calculate the direct labor rate variance. d. Calculate the direct labor efficiency variance

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