standard cost of 514.50 per hour. Read the roourements Anowinents purchased is equar to the...

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Accounting

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standard cost of 514.50 per hour. Read the roourements Anowinents purchased is equar to the guantify of materias vasd.) 1. Compute the price and quantity variances for direct materials. Compute the rate and efficiency variances for direct labor. 2. Does the pattern of variances suggest that the company's managers have been making trade-offs? Explain

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