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During June, Cisco Company produced 1 2 , 0 0 0 chainsaw blades. The standard quantity of material allowed per unit was 1 . 5
During June, Cisco Company produced chainsaw blades. The standard quantity of material allowed per unit was pounds of steel per blade at a standard cost of $ per pound. The actual cost was $ per pound. The actual pounds of steel that Cisco purchased were pounds. All materials purchased were used. Calculate Cisco's materials usage variance.
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$
$
$
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