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Marigold Corp. has a materials price standard of $3 per pound. 4000 pounds of materials were purchased at $3.20 a pound. The actual quantity
Marigold Corp. has a materials price standard of $3 per pound. 4000 pounds of materials were purchased at $3.20 a pound. The actual quantity of materials used was 4000 pounds while the standard quantity allowed for the output was 3500 pounds. Marigold Corp.'s materials quantity variance is
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