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Coach Industries reported the following results from its most recent quarter: Actual direct material used 16,550 Actual direct material cost per pound $5.50 Standard direct

Coach Industries reported the following results from its most recent quarter: Actual direct material used 16,550 Actual direct material cost per pound $5.50 Standard direct material cost per pound $7.50 Standard direct material quantity 14,450 Direct material purchases 16,000 What is Coach's direct material quantity variance?

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