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Flash Electronics, Inc. gathered the following direct materials cost information for the month of March: Actual quantity purchased and used in production 33,900 gallons Actual
Flash Electronics, Inc. gathered the following direct materials cost information for the month of March:
Actual quantity purchased and used in production | 33,900 gallons |
Actual price per gallon purchased | $8.50 |
Standard price per gallon | $8.85 |
Standard quantity allowed for actual production | 34,400 gallons |
The direct materials price variance is:
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