Duval,Inc.,budgets direct materials at $1/liter and 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.
Calculate the direct materials price and quantity variances.

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The Answer of Duval,Inc.,budgets direct materials at $1/liter and 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.
Calculate the direct materials price and quantity variances.

Duval,Inc,Budgets Direct Materials at $1/liter and Requires 4 Liters Per