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The following information is provided by the Green is Awesome Company: Actual direct material cost (AQAP) Standard direct material cost (SQA SP) Direct material usage

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The following information is provided by the Green is Awesome Company: Actual direct material cost (AQ"AP) Standard direct material cost (SQA SP) Direct material usage variance $32,000 $24,000 $ 3,000 unfavorable What is the direct materials price variance? $1,000 favorable $1,000 unfavorable $5,000 unfavorable $5,000 favorable

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