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Calculate the direct materials price variance

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Reference no: EM133064834

Question - The following data relate to direct materials costs for February:

Materials cost per yard: standard, $1.93; actual, $2.04

Standard yards per unit: standard, 4.74 yards; actual, 5.06 yards

Units of production: 9,200

Required - Calculate the direct materials price variance.

Reference no: EM133064834

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