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What is the direct materials price variance

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Reference no: EM133070400

Question - Bellingham Company produces a product that requires six standard pounds per unit. The standard price is $4.5 per pound. If 6,300 units used 38,900 pounds, which were purchased at $4.41 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) cost variance?

Reference no: EM133070400

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