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2) Melissa Antiques Company has collected the following data for one of its products: Direct materials standard (4 pounds @ 1/lb.) $4 per unit Direct

2) Melissa Antiques Company has collected the following data for one of its products: Direct materials standard (4 pounds @ 1/lb.) $4 per unit Direct materials flexible budget variancelong dashunfavorable $14,500 Actual direct materials used 100,000 pounds Actual units produced 19,000 units What is the direct materials efficiency variance?

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