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Standard and actual costs for direct materials for the manufacture of 2,000 units of product were as follows: Actual costs 2,750 lbs@$8.10 Standard costs 2,800lbs
Standard and actual costs for direct materials for the manufacture of 2,000 units of product were as follows:
Actual costs 2,750 lbs@$8.10
Standard costs 2,800lbs @ $8.00
Determine a) quantity variance b) price variance c) total direct materials cost variance
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