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Question 41 (3 points) Calculate a Level 3 efficiency variance for materials given the following information: Budget Data: units produced 500; total material used 650

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Question 41 (3 points) Calculate a Level 3 "efficiency" variance for materials given the following information: Budget Data: units produced 500; total material used 650 lbs; total material cost $7,150. Actual Results: units produced 400; total material used 440 Ibs; total material cost $7,200. $880F $8800 $6000 $600F

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