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In order to better manage costs, the Beesbury Company developed standards for the manufacture of its product; the company determined that each unit should have
In order to better manage costs, the Beesbury Company developed standards for the manufacture of its product; the company determined that each unit should have 6 pounds of direct materials purchased at $18 per pound. Recently, the company used 185,000 pounds of direct materials at a total cost of $3,250,000 when 30,000 units were produced. What is the company's direct materials price variance? Use a positive number to indicate a favorable variance or a negative number to indicate an unfavorable variance
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