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Determine the quantity variance and total direct materials

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Standard and actual costs for direct materials for the manufacture of 2,000 units of product were as follows:

Actual costs 2,750 lbs. @ $8.10 Standard costs 2,800 lbs. @ $8.00

Question 1: Determine the  quantity variance, (price variance, and total direct materials cost variance.

Reference no: EM132566648

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