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Exeter Company has a materials standard of 1 pound per unit of output. Each pound has a standard price of $24 per pound. During July.
Exeter Company has a materials standard of 1 pound per unit of output. Each pound has a standard price of $24 per pound. During July. Exeter paid $66,396 for 2,670 pounds, which it used to produce 2,550 units of product. What is the direct materials quantity variance
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