Ruby Company produces a chair for which the standard specifies 7 yards of material per...
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Ruby Company produces a chair for which the standard specifies yards of material per unit. The standard price of one yard of material is $ During the month, chairs were manufactured, using yards at a cost of $ per yard. Determine the following: Enter favorable variances as negative numbers. a Direct materials price variance $ b Direct materials quantity variance $ c Total direct materials cost variance $ 
Ruby Company produces a chair for which the standard specifies yards of material per unit. The standard price of one yard of material is $ During the month, chairs were manufactured, using yards at a cost of $ per yard.
Determine the following: Enter favorable variances as negative numbers.
a Direct materials price variance
$
b Direct materials quantity variance
$
c Total direct materials cost variance
$
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