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Tip Top Corp. produces a product that requires nine standard gallons per unit. The standard price is $ 1 0 per gallon. If 4 ,

Tip Top Corp. produces a product that requires nine standard gallons per unit. The standard price is $10 per gallon. If 4,500 units required 41,700 gallons, which were purchased at $9.6 per gallon, what is the direct materials (a) price variance, (b) quantity variance, and (c) cost vanance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number
a. Direct materials price variance
h.Direct matenals guantity vanance
C. Direct matenals cost variance

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