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Based on the information below, calculate the total price variance for direct material and the rate cost variance. Particulars Planned Price/Unit Actual Units Actual

Based on the information below, calculate the total price variance for direct material and the rate cost variance. Particulars Planned Price/Unit Actual Units Actual Price/Unit Actual Cost Direct Material $30 17853 $31.07 $554630 Direct Labour $24.30 9000 $26.24 $236200

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