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Could you please help me with this homework problem? Oliver Enterprises has collected the following data for one of its products: Direct materials standard (7

Could you please help me with this homework problem?

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Oliver Enterprises has collected the following data for one of its products: Direct materials standard (7 pounds per unit @ $0.41llb.) $2.87 per nished good Direct materials exible budget variance - unfavorable $15,000 Actual Direct Materials Used (AQU) 37,000 pounds Actual nished goods produced 26,000 units How much is the direct materials quantity variance

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