Business, 08.06.2021 01:00 Damagingawsomeness2

In reviewing activity for july the controller of mathis inc., collected the following data concerning direct materials: Actual production $103,000 units
Direct materials purchased (actual) $1,642,800
Standard cost of materials purchased $1,554,000
Standard direct materials costs per unit produced 14
Standard price times actual amount of materials used $1,405,950

Required:
Compute the direct materials cost variances.

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