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A manufactured product has the following information for June.
tableDirect materials,Standard Quantity and Cost,Direct labor, pounds @ $ per pound, pounds @ $ per poundOverhead DLH @ $ per DLH hours @ $ per hourUnits manufactured, DLH @ $ per DLH$ units
Compute the
direct materials price variance and
direct materials quantity variance.
Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Cost per unit" answe decimal places.
Actual Quantity
Standard Quantity
Actual Price
Standard Price