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Georgia, Inc. has collected the following data on one of its products. The direct materials price variance is: Direct materials standard (2 lbs $1/lb) $2
Georgia, Inc. has collected the following data on one of its products. The direct materials price variance is: Direct materials standard (2 lbs $1/lb) $2 per finished unit Total direct materials cost variance-unfavorable $25, 250 2 105,000 lbs. Actual direct materials used Actual finished units produced polnts 35,000 units
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