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Oriole Company has a materials price standard of $2.00 per pound. 5100 pounds of materials were purchased at $2.20 a pound. The actual quantity of
Oriole Company has a materials price standard of $2.00 per pound. 5100 pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 5100 pounds, although the standard quantity allowed for the output was 4600 pounds. Oriole Company's materials quantity variance is $1100 u. $1100 F. $1000 F. $1000 U
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