Direct Materials Variances Se6. Using the standard unit costs that you computed in SE3 and...
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Accounting
Direct Materials Variances
Se6. Using the standard unit costs that you computed in SE3 and the actual cost and usage data that follow, compute the direct materials price and direct materials quantity variances.
Direct materials purchased and used (pounds) 21,800
Price paid for direct materials $10.10 per pound
Number of good units produced 21,000 units
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