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In reviewing activity for July, the controller of Mathis, Inc., collected the following data concerning...

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Accounting

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In reviewing activity for July, the controller of Mathis, Inc., collected the following data concerning direct materials. Required: Compute the direct materials cost varianch, (Indicate the effect of each variance by selecting " F " for favorable, or "U" for unfavorable. If there is no effect, do not select either option.)

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