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Strong Iron Works has collected the following data for its Thunderbolt line of products: Direct materials standard 10 pounds per unit Direct materials standard cost

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Strong Iron Works has collected the following data for its Thunderbolt line of products: Direct materials standard 10 pounds per unit Direct materials standard cost $0.75 per pound Actual Direct Materials Used (AQU) 40,000 pounds Actual finished goods purchased 4,500 units What is the direct materials quantity variance? What is the best area of an organization that can provide an explanation for this variance: Why

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