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Tercer reports the following for one of its products. Direct materials standard (4 lbs. per finished $2 per lb.) unit Actual finished units produced 60,000
Tercer reports the following for one of its products. Direct materials standard (4 lbs. per finished $2 per lb.) unit Actual finished units produced 60,000 units Netual cost of direct materials used $540,000 Compute the total direct materials cost variance and classify it as favorable, unfavorable or no variance Direct materials cost vanance
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