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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 (3 lbs @ $1/lb)

Georgia, Inc. has collected the following data on one of its products. The direct materials quantity variance is:

Direct materials standard (3 lbs @ $1/lb) $ 3 per finished unit
Total direct materials cost varianceunfavorable $ 16,750
Actual direct materials used 80,000 lbs
Actual finished units produced 20,000 units

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