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Burnet Company has a direct material standard of 2 gallons of input at a cost of $7.50 per gallon. During July, Burnet Company purchased and

Burnet Company has a direct material standard of 2 gallons of input at a cost of $7.50 per gallon. During July, Burnet Company purchased and used 6,500 gallons, paying $46,600. The direct materials quantity variance is zero ($0).
(T or F) The number of units produced is 3,250.

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