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A company provided the following direct materials cost information. Compute the total direct materials cost variance. $814,000 Standard costs assigned: Direct materials standard cost (407,000

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A company provided the following direct materials cost information. Compute the total direct materials cost variance. $814,000 Standard costs assigned: Direct materials standard cost (407,000 units @ $2.00 / unit) Actual costs: Direct materials costs incurred (405,750 units @ $2.20 / unit) $892,650

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