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Crane Company has a materials price standard of $ 6 per pound. 6 7 0 0 pounds of materials were purchased at $ 6 .

Crane Company has a materials price standard of $6 per pound. 6700 pounds of materials
were purchased at $6.20 a pound. The actual quantity of materials used was 6700 pounds
while the standard quantity allowed for the output was 4000 pounds.
Crane Company's materials quantity variance is
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