(Answered) Question - grace company is manufacturer of candles the

Accounting

Question - Grace Company is manufacturer of candles. The standard direct materials quantity required to produce one large candle is 1 pound at a cost of $5 per pound. During November, 2015, 7200 large candles were produced using 7500 pounds of a direct materials which cost $45,500. Prepare an analysis of the direct materials variances.

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