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Information for the Jolly Hula Hoop Company is as follows: Quantity of input purchased (kg) Price per kg Standard 4,100 $2.55 Actual 3,900 $2.75 Required:

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Information for the Jolly Hula Hoop Company is as follows: Quantity of input purchased (kg) Price per kg Standard 4,100 $2.55 Actual 3,900 $2.75 Required: Calculate the material price variance [(actual price - standard price) x actual quantity)

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