Question: Select the correct statement from the following, assuming Carmichael Company had a favorable direct materials price variance of $1700 and an unfavorable direct materials usage

Select the correct statement from the following, assuming Carmichael Company had a favorable direct materials price variance of $1700 and an unfavorable direct materials usage variance of $1,100. Multiple Choice The total direct materials variance is $600 unfavorable. The total direct materials variance is $2,800 favorable The total direct materials variance is $2,800 unfavorable The total direct materials variance is $600 favorable

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