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Tercer reports the following for one of its products Direct materials s Actual finished units produced Actual cost of direct materials used tandard (6 lbs.@

Tercer reports the following for one of its products Direct materials s Actual finished units produced Actual cost of direct materials used tandard (6 lbs.@ $7 per 1 b.) 42 per finished unit 110,000 units $4,633,eee Compute the total direct materials cost variance and classify it as favorable or unfavorable Direct materials cost variance

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