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Tercer reports the following for one of its products Direct materials standard (2 lbs. e $2 per lb.) Actual fininhed units produced Actual cost of
Tercer reports the following for one of its products Direct materials standard (2 lbs. e $2 per lb.) Actual fininhed units produced Actual cost of direct materials used 4 per finished unit 30,000 units $147,000 Compute the total direct materials cost variance and classify it as favorable or unfavorable. Direct materials cost variance :57
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