Question: 1. The following data is given for the Stringer Company: Budgeted production 26,000 units Actual production 27,500 units Materials: Standard price per ounce $6.50 Standard
| 1. The following data is given for the Stringer Company:
Overhead is applied on standard labor hours.
|
The direct materials price variance is______________________________________
The direct materials quantity variance is___________________________________
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