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Margo Enterprises has collected the following data from one of its products: Direct materials standard (5 pounds @ $1/lb.)$5per finished goodDirect materials flexible budget variance-unfavorable$14,000Actual

Margo Enterprises has collected the following data from one of its products:

Direct materials standard (5 pounds @ $1/lb.)$5per finished goodDirect materials flexible budget variance-unfavorable$14,000Actual direct materials used100,000poundsActual finished goods produced18,000units

Based on this information, how much is the direct materials efficiency variance?

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