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Barberry, Inc., manufactures a product called Fruta. The company uses a standard cost system and has established the following standards for one unit of Fruta:
Barberry, Inc., manufactures a product called Fruta. The company uses a standard cost system and has established the following standards for one unit of Fruta: Standard Quantity Standard Price Standard Cost Direct materials 1.7 pounds $ 5.80 per pound $ 9.86 During June, the company recorded this activity related to production of Fruta: a. The company produced 3,400 units during June. b. A total of 9,660 pounds of material were purchased at a cost of $54,096. c. There was no beginning inventory of materials; however, at the end of the month, 1,500 pounds of material remained in ending inventory. What is the material quantity variance
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