The following data relate to the direct materials cost for the production of 15,000 automobile tires: a.
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a. Determine the price variance, quantity variance, and total direct materials cost variance.
b. To whom should the variances be reported for analysis andcontrol?
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Actual: Standard: 600,000 lbs. at $3.60 580,000 lbs. at $3.85 $2,160,000 $2,233,000
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