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Kyle, Inc., has collected the following data on one of its products: Direct materials standard (4lbs. @ $1/lb.)............$4 per finished unit Total direct materials cost
Kyle, Inc., has collected the following data on one of its products: Direct materials standard (4lbs. @ $1/lb.)............$4 per finished unit Total direct materials cost variance - unfavorable. $13,750 Actual direct materials used.....................150,000 lbs. Actual finished units produced..................30,000 units The direct materials quantity variance is
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