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The direct materials purchases variance is computed when the moterials ate purchased Required: a. What...

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Accounting

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The direct materials purchases variance is computed when the moterials ate purchased Required: a. What is the materials price variance for the month? b. What is the materials quantity variance for the month? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (lie., zeto variance). Input all amounts as positive values.)

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