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Georgia, Inc. has collected the following data for the manufacture of sprockets used as a component in one of its products: budgeted direct materials are
Georgia, Inc. has collected the following data for the manufacture of sprockets used as a component in one of its products: budgeted direct materials are 4 lbs. @ $1/lb. for each sprocket; 150,000 lbs. of materials were used costing $165,000; and 32,000 sprockets were produced. What is the direct materials price variance
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