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A company provided the following direct materials cost information. Compute the total direct materials cost variance. Standard costs assigned:Direct materials standard cost (426,000 units @

A company provided the following direct materials cost information. Compute the total direct materials cost variance.

Standard costs assigned:Direct materials standard cost (426,000 units @ $4.00 / unit)$1,704,000Actual costs:Direct Materials costs incurred (424,750 units @ $4.20 / unit)$1,783,950

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