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At the beginning of 2012,DDC budgeted annual production of 400000 doorknobs and adopted the dollowing standards for each doorknob: Input Cost per...
$152000
Required
For the month of April, compute the following variances, indicating whether each is favorable(F) or unfavorable(U):
Direct materials price variance(based of purchases)
Direct materials efficiency variance
Direct manufacturing labor price variance
Direct manufacturing labor efficiency variance
Fixed manufacturing overhead spending variance