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Martin Company makes bread. Their primary direct material used to make the bread is flour. Martin Co's budgeted cost for flour for the month of

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Martin Company makes bread. Their primary direct material used to make the bread is flour. Martin Co's budgeted cost for flour for the month of June was $10,000 based on the budgeted production of 20,000 loaves of bread in June. Martin expected to use one pound of flour to make each loaf of bread and they expected flour to cost them an average of $.50 per pound, Martin actually made 22,000 loaves of bread using a total of 20,000 pounds of flour in the month of June. Their actual cost per pound of flour in June was $.60 per pound. Using this information, what was Martin's direct materials efficiency variance for the month of June? O $0 O $1.000 Favorable O $2,000 Unfavorable O $2,000 Favorable

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