The following direct materials data pertain to the operations of Whispering Winds Co. for the month of December.

Standard materials price $5.00 per pound

Actual quantity of materials purchased and used 17,000 pounds

The standard cost card shows that a finished product contains 4 pounds of materials. The 17,000 pounds were purchased in December at a discount of 4% from the standard price. In December, 4,130 units of finished product were manufactured.

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