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Determine the total direct materials cost variance

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Question - Ruby Company produces a chair for which the standard specifies 6 yards of material per unit. The standard price of one yard of material is $12.60. During the month, 8,600 chairs were manufactured, using 52,600 yards at a cost of $11.84 per yard.

Determine the following: Enter favorable variances as negative numbers.

a. Direct materials price variance

b. Direct materials quantity variance

c. Total direct materials cost variance

Reference no: EM132605348

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