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urgent!! The standard direct material cost per unit for Willis Group was $156 (=$39 per gallon 4 gallons per unit). During the period, actual direct
urgent!!
The standard direct material cost per unit for Willis Group was $156 (=\$39 per gallon 4 gallons per unit). During the period, actual direct materials costs amounted to $2,075,760, materials used totaled 55,480 gallons, and 13,280 units were produced. Required: Compute the direct materials price and efficiency variances for the period. Note: Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either optionStep by Step Solution
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