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Variance Analysis Asparagus Company manufactures a product known as Stinkweed. The following actual data resulted in the production of 20,000 units: a) Materials purchased 62,000 pounds at a cost of $8.10 per pound. b) Used 59,000 pounds of materials in production. c) Worked 41,000 direct labor hours at a cost of $17.00 per hour d) Variable manufacturing overhead costs, during the month, totaled $39,900. A total of 9,500 machine hours were recorded