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Determine the direct labor rate variance

Question:

The following information is available for Mandalay Company:

1629_Mandalay company.jpg

Required

(a) Determine the material price variance based on the quantity of materials purchased.

(b) Determine the material quantity variance.

(d) Determine the direct labor efficiencyvariance.

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Accounting Basics: Determine the direct labor rate variance

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Accounting Basics: Determine the direct labor rate variance

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