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Georgia, Inc. has collected the following data on one of its products. The actual cost of the direct materials used is: Direct materials standard (4lbs
Georgia, Inc. has collected the following data on one of its products. The actual cost of the direct materials used is:
Direct materials standard (4lbs @ $2/lb):
$8 per finished unit
Total direct materials cost variance-unfavorable:
$18,250
Actual direct materials used:
120,000 lbs
Actual finished units produced:
24,000 units
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