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Quality Foods' flexible budget for June, based upon historical experience, called for the production of 2,000 units using 10,000 pounds of materials at a
Quality Foods' flexible budget for June, based upon historical experience, called for the production of 2,000 units using 10,000 pounds of materials at a standard cost of $7.20 per pound. The Production Department actually produced 2,000 units using 10,300 pounds of materials costing $6.90 per pound during June. The amount of direct materials charged to work-in-process for June is:
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