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Following are the variances for Fine Products Manufacturing Company for the month of March. Assume...

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Accounting

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Following are the variances for Fine Products Manufacturing Company for the month of March. Assume that the price variance for direct materials is calculated at the time of purchase and that the amount of direct materials purchased is equal to the amount of direct materials used, with no beginning or ending inventories for direct materials (F= favourable and U= unfavourable). Determine whether the total variance amount is material. Total variances $ The total variance amount is

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