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Georgia, Inc. has collected the following data on one of its products. The actual cost of direct materials used is: Direct materials standard (2 lbs

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Georgia, Inc. has collected the following data on one of its products. The actual cost of direct materials used is: Direct materials standard (2 lbs @ $3/lb) Total direct materials cost variance unfavorable Actual direct materials used Actual finished units produced $6 per finished unit $16,250 78,000 lbs. 26,000 units

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