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A company reports the following for one of its products. table [ [ Direct materials standard ( 4 pounds a $ 3 per pound

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A company reports the following for one of its products.
\table[[Direct materials standard (4 pounds a $3 per pound),$12 per unit],[Actual direct materials used (AQ),370,000 pounds],[Actual units produced,75,000 units],[Actual cost of direct materials used,$999,000
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