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The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.96; actual, $2.05 Standard yards per unit: standard, 4.62 yards;

The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.96; actual, $2.05 Standard yards per unit: standard, 4.62 yards; actual, 5.16 yards Units of production: 9,100 Calculate the direct materials price variance.

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