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6 QS 23-7 Materials variances LO P3 6.25 points Tercer reports the following for one of its products, eBook Direct materials standard (4lbs @ 57
6 QS 23-7 Materials variances LO P3 6.25 points Tercer reports the following for one of its products, eBook Direct materials standard (4lbs @ 57 per 1b.) $ 28 per finished unit Actual finished units produced 110,000 units Actual cost of direct materials used $3, 115,000 Compute the total direct materials cost variance and classify it as favorable, unfavorable or no variance. Hint Print References Direct to cont variance
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