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Assume the following: . The standard price per pound is $2.15. . The standard quantity of pounds allowed per unit of finished goods is
Assume the following: . The standard price per pound is $2.15. . The standard quantity of pounds allowed per unit of finished goods is 4 pounds. . The actual quantity of materials purchased was 53,000 pounds, whereas the quantity of materials used in production was 50,100 pounds. . The actual purchase price per pound of materials was $2.25. . The company produced 13,000 units of finished goods during the period. What is the materials quantity variance? Multiple Choice $4,085 F $6,525 F $4,275 F $6,235 F
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