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The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 4.6 grams $ 15.05 per
The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 4.6 grams $ 15.05 per gram The following data pertain to operations concerning the product for the last month: Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output 3,100 grams $44,020 2,400 grams 300 units What Is the materials quantity variance for the month?
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Microeconomics
Authors: Robert Pindyck, Daniel Rubinfeld
8th edition
978-0132870436, 132870436, 013285712X, 978-0133371178, 133371174, 978-0132857123
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