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Duval,IncBudgets Direct Materials at $1/liter and Each Product Requires 4

Question 121

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Duval,Inc.budgets direct materials at $1/liter and each product requires 4 liters per unit of finished product.April's activities show usage of 832 liters to complete 196 units at a cost of $798.72.Compute the direct materials price and quantity variances.Indicate if the variance if favorable or unfavorable.

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blured image * $798.72/832 liters ...

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