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A company provided the following direct materials cost information. Compute the total direct materials variance. Standard costs assigned: Direct materials standard cost (418,000 units

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A company provided the following direct materials cost information. Compute the total direct materials variance. Standard costs assigned: Direct materials standard cost (418,000 units @ $5.00/unit) Actual costs: $ 2,090,000 Direct materials costs incurred (416,750 units @ $5.20/unit) $ 2,167,100

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