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eBook 11 Show Me How Calculator Direct Materials Variances Tip Top Corp. produces a product...

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eBook 11 Show Me How Calculator Direct Materials Variances Tip Top Corp. produces a product that requires sik standard gallons per unit. The standard price is $3.5 per gallon. If 4,600 units reauired 26,500 gallons, which were purchased at $3.64 per gallon, what is the direct materials (a) price variance, (b) quantity variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number Direct materials price variance b. Direct materials quantity variance c. Direct materiais cost variance a. Check My Work 519 PM 7 4. HP Pavilion Me time. Now playing

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