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Kermit Enterprises has collected the following data on one of its products: Direct materials standard (4 lbs.@ $1.00/b.) $4per finished unit Total direct materials cost

Kermit Enterprises has collected the following data on one of its products: Direct materials standard (4 lbs.@ $1.00/b.) $4per finished unit Total direct materials cost variance favorable $9,300 Actual direct materials used 223,200 lbs Actual finished units produced 36,000 units The direct materials quantity variance is:

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