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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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