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The Following Information Is for the Standard and Actual Costs

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The following information is for the standard and actual costs for Happy Corporation: The following information is for the standard and actual costs for Happy Corporation:   Determine (a) the direct materials quantity variance, price variance, and total cost variance; (b) the direct labor time variance, rate variance, and total cost variance; and (c) the factory overhead volume variance, controllable variance, and total factory overhead cost variance.(Note: Do not round interim calculations.) Determine (a) the direct materials quantity variance, price variance, and total cost variance; (b) the direct labor time variance, rate variance, and total cost variance; and (c) the factory overhead volume variance, controllable variance, and total factory overhead cost variance.(Note: Do not round interim calculations.)

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a. Direct materials:...

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