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Oliver Enterprises has collected the following data for one of its products: Direct materials standard (8 pounds per unit @ $0.48/lb.) Direct materials flexible budget
Oliver Enterprises has collected the following data for one of its products: Direct materials standard (8 pounds per unit @ $0.48/lb.) Direct materials flexible budget variance - unfavorable Actual Direct Materials Used (AQU) Actual finished goods produced $3.84 per finished good $9,000 38,000 pounds 28,000 units How much is the direct materials quantity variance? A. $89,280 favorable B. $18,240 unfavorable C. $107,520 favorable OD. $107,520 unfavorable
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