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The following direct materials and direct labour data are for the operations of Coronado Manufacturing Company for the month of August: table [ [
The following direct materials and direct labour data are for the operations of Coronado Manufacturing Company for the month of August:
tableCostsQuantitiesActual labour rate,$per hour,Actual hours incurred and used, hours,Actual materials price,$per tonne,Actual quantity of materials purchased and used, tonnes,Standard labour rate,$ per hour,Standard hours used, hours,,Standard materials price,$ per tonne,Standard quantity of materials used, tonnes,,
a Calculate the total, price, and quantity variances for materials and labour.
tableMaterials,,LabPrice variance,$$Quantity variance,$$Total variance,$$longrightarrow,beTextbook and dia,,,
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