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Willow Inc. has provided the following information: Standards: Direct materials Direct labor Variable overhead Fixed overheada. Calculate the direct materials price variance. (Do not round your intermediate calculations. Indicate the effect of varianb. Calculate the direct materials quantity variance. (Indicate the effect of variance by selecting Favorable, Unfavorabled. Calculate the direct labor efficiency variance. (Indicate the effect of variance by selecting Favorable, Unfavorable,f. Calculate the variable overhead efficiency variance. (Indicate the effect of variance by selecting Favorable, Unfavorab

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