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Direct materials variances

24 / 01 / 2019 Assignments

This paper circulates around the core theme of Direct materials variances together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 59. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.

Direct materials variances

Direct materials variancesThe following data relate to the direct materials cost for the production of 4,000 automobile tires:Actual: 72,500 lbs. at $3.30Standard: 75,160 lbs. at $3.15a. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance.b. To whom should the variances be reported for analysis and control?

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