Standard cost / unit to manufacture Z - frames: Direct material 3 yards X $ 2 .
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Question:
Standard costunit to manufacture Zframes:
Direct material yards X $ yd $
Direct labor hours X $ hr $
Actual costs incurred to produce Zframe units:
Direct material purchased and used yards X $ yd $
Direct labor hours X $ $
Using this information, compute the Direct Material Price Variance.
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