The following information is available for Swiftys Chocolates: Actual production 3,100 boxes Budgeted production 3,550...
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The following information is available for Swiftys Chocolates: Actual production 3,100 boxes Budgeted production 3,550 boxes Direct Materials Standard 3 pounds of chocolate per box @ $5.00 per pound Actual 7,600 pounds purchased @ $5.10 per pound 8,100 pounds used (a) Calculate the direct materials price and quantity variances. Direct material price variance $enter the direct material price variance in dollars select an option Direct material quantity variance $enter the direct material quantity variance in dollars select an option
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