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A Company has a material standard of 1.1 pound per unit of output. Each pound has a standard price of $32 per pound. During July,
A Company has a material standard of 1.1 pound per unit of output. Each pound has a standard price of $32 per pound. During July, A Company paid $118,800 for 5,100 pounds, which they used to produce 4,900 units. What is the direct materials quantity variance? Enter the variance without a $ sign and as a positive value. For example, if your calculation yields the result of -2,123, enter 2,123
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