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Actual Static Budget Number of units sold 1000 1500 Direct Material units per unit of production 3 Total Direct Materials Used 3700 4500 Price per

Actual

Static Budget

Number of units sold

1000

1500

Direct Material units per unit of production

3

Total Direct Materials Used

3700

4500

Price per unit

$20

$24

Cost of direct materials used

$74,000

$108,000

The Price Variance equals

$2000 F

$14800 F

$19200 U

$36000 U

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