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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 (3 lbs @ $1/lb)

Georgia, Inc. has collected the following data on one of its products. The direct materials price variance is: Direct materials standard (3 lbs @ $1/lb) $3 per finished unit Total direct materials cost varianceunfavorable $16,250 Actual direct materials used 104,000 lbs. Actual finished units produced 26,000 units

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