Question: (7.5%) Standard and actual costs for direct materials for the manufacture of 1,000 units of product were as follows: Actual costs ...1,550 lbs. @ $9.10

(7.5%) Standard and actual costs for direct materials for the manufacture of 1,000 units of product were as follows:

Actual costs ...1,550 lbs. @ $9.10

Standard costs ... 1,600 lbs @ $9.00

Determine the (a) quantity variance, (b) price variance, and (c) total direct materials cost variance


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