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A company developed the following per unit materials standards for its product: 3 pounds of direct materials at $5 per pound. If 7000 units of

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A company developed the following per unit materials standards for its product: 3 pounds of direct materials at $5 per pound. If 7000 units of product were produced last month and 29000 pounds of direct materials were used, the direct materials quantity variance Was $40000 favorable. $40000 unfavorable. $24000 tavorable. $24000 unfavorable

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