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Joiner Corporation recentiy purchased 25,000 gallons of direct material at $6.10 per gallon. Usage by the end of the period amounted to 23,000 gallons. If

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Joiner Corporation recentiy purchased 25,000 gallons of direct material at $6.10 per gallon. Usage by the end of the period amounted to 23,000 gallons. If the standard cost is $6.60 per gallon and the company belleves in computing variances at the earliest point possible, the direct-material price variance would be calculated as

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