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A company has established 4 pounds of Material J at $3 per pound as the standard for the material in its Product Z. The company
A company has established 4 pounds of Material J at $3 per pound as the standard for the material in its Product Z. The company has just produced 1,200 units of this product, using 5,000 pounds of Material J that cost $13,980.The direct materials price variance is
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