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The direct materials purchases variance is computed when the materials are purchased. Required: a. What is the materials price variance for the month? b. What

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The direct materials purchases variance is computed when the materials are purchased. Required: a. What is the materials price variance for the month? b. What is the materials quantity variance for the month? Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effec variance). Input all amounts as positive values

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