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Determine the total direct materials cost variance

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Question 1: A company provided the following direct materials cost information. Compute the total direct materials cost variance.

Standard costs assigned: Direct materials standard cost (426,000 units @ $4.00 / unit)$1,704,000

Actual costs: Direct Materials costs incurred (424,750 units @ $4.20 / unit)$1,783,950

Reference no: EM132516824

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