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Gipple Corporation makes a product that uses a material with the quantity standard of 7 . 3 grams per unit of output and the price
Gipple Corporation makes a product that uses a material with the quantity standard of grams per unit of output and the price standard of $ per gram. In January the company produced units using grams of the direct material. During the month the company purchased grams of the direct material at $ per gram. The direct materials purchases variance is computed when the materials are purchased. The materials price variance for January is:
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