Question: The direct materials purchases variance is computed when the materials are purchased Required: a. What is the materials price variance for the month? b. What

The direct materials purchases variance is computed when the materials are purchased Required: a. What is the materials price variance for the month? b. What is the materials quantity variance for the month? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero variance). Input all amounts as positive values.)

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