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QUESTION
A company provided the following direct materials cost information. Compute the direct materials quantity variance. Standard costs assigned: Direct...
A company provided the following direct materials cost information. Compute the direct materials quantity variance.
Standard costs assigned:
Direct materials standard cost (412,000 units @ $3.80/unit)$1,565,600
Actual costs:
Direct Materials costs incurred (410,180 units @ $4.10/unit)$1,681,738
