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Gilder Corporation makes a product with the following standard costs: The company reported the following results concerning this product in June. The company applies variable

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Gilder Corporation makes a product with the following standard costs: The company reported the following results concerning this product in June. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The materials price variance for June is: $3,240 U $2,862 F $2,862 U $3,240 F

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