Question: please include the the answers in this format In reviewing activity for July, the controller of Mathis, Inc., collected the following data concerning direct materials.
In reviewing activity for July, the controller of Mathis, Inc., collected the following data concerning direct materials. Actual production Direct materials purchased (actual) Standard cost of materials purchased Standard direct materials costo per unit produced Standard price times actual amount of materials used 104,500 unita $1,645,800 1.561, 500 14.30 1,433,450 Required: Compute the dirett materials cost variances. (Indicate the effect of each variance by selecting "F" for favorable, or "u" for unfavorable. If there is no effect, do not select either option.) Direct Materials Price variance Eficiency variance Total direct matenals cost variance
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