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Georgia, Inc. has collected the following data on one of its products. The direct materials quantity variance is: Direct materials standard (2 lbs @ $1/lb)
Georgia, Inc. has collected the following data on one of its products. The direct materials quantity variance is: Direct materials standard (2 lbs @ $1/lb) Total direct materials cost variance-unfavorable Actual direct materials used Actual finished units produced $2 per finished unit $22,250 75,000 lbs. 25,000 units Multiple Choice $25,000 favorable. $22,250 favorable
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