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A company provided the following direct materials cost information. Compute the direct materials price variance....

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Accounting

A company provided the following direct materials cost information. Compute the direct materials price variance. Standard costs assigned: Direct materials standard cost (423,000 units @ $3.50/unit) $ 1,480,500 Actual costs: Direct materials costs incurred (420,400 units @ $3.60/unit) $ 1,513,440

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