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Crane Manufacturing Company purchased 14400 switches to make 6200 units. The standard allows for 2 switches per unit. The company actually used 14900 to produce

Crane Manufacturing Company purchased 14400 switches to make 6200 units. The standard allows for 2 switches per unit. The company actually used 14900 to produce the 6200 units. Crane budgeted $0.71 per switch but had to pay $0.76 per switch. What is Crane's direct materials price variance for the period?

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