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Boxes Company has collected the following data for one of its products Direct materials standard (3 pounds @ 1/lb $3 per finished good Direct materials

Boxes Company has collected the following data for one of its products

Direct materials standard (3 pounds @ 1/lb $3 per finished good

Direct materials flexible budget variance-unfavorable $14,000

Actual direct materials used 100,000 pounds

Actual finished goods produced 25,000 units

What is the direct materials price variance?

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