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A company provided the following direct materials cost information. Compute the cost variance. Standard costs assigned: Direct materials standard cost (427,000 units @ $2 /

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A company provided the following direct materials cost information. Compute the cost variance. Standard costs assigned: Direct materials standard cost (427,000 units @ $2 / $854,000 unit) Actual costs Direct materials cost incurred (425,750 units @ $2.20 / $936,650 unit) Multiple Choice

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