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company has established 5 pounds of Material J at $2 per pound as the standard for the material in its Product Z. The company has

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company has established 5 pounds of Material J at $2 per pound as the standard for the material in its Product Z. The company has just produced 1,000 units of this product, using 5,200 pounds of Material J that cost $9,180. The direct materials quantity variance is: Multiple Choice $400 favorable. $1.220 favorable. $1220 unfavorable. $400 unfavorable. $820 favorable

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