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Concord Corp. purchased 2 , 9 0 0 pounds of flour in preparation for making its biscuit mix. Every package of mix is expected to
Concord Corp. purchased pounds of flour in preparation for making its biscuit mix. Every package of mix is expected to use pounds of flour, with flour budgeted at $ per pound. The production department used pounds of the flour in producing packages of biscuit mix. If the purchasing department paid $ for the initial flour purchase, what was Concord's DM efficiency variance? Round answer to decimal places, eg
DM efficiency variance
$
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