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A manufacturing company has a standard quantity of direct materials of 7 pounds per unit at a standard price of $2.20 per pound. In April
A manufacturing company has a standard quantity of direct materials of 7 pounds per unit at a standard price of $2.20 per pound. In April the actual material price was $2.40 per pound and the company produced 5,600 units. If the company experienced a favorable material quantity variance of $6,820 during the month, how much was the actual quantity of material used?
a) 35,500 pounds
b) 32,542 pounds
c) 42,300 pounds
d) 36,100 pounds
e) 41,500 pounds
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