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1. Information for chips used in the production of computers Standard: 3 chips per computer @ $6.50 per chip Quantity purchased: 200 chips for total

1. Information for chips used in the production of computers Standard: 3 chips per computer @ $6.50 per chip Quantity purchased: 200 chips for total of $1,400 Quantity used: 123 chips for production of 40 computers. What is the materials price variance

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