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The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price Actual materials purchased Actual cost of
The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price Actual materials purchased Actual cost of materials purchased $ The following data pertain to operations concerning the product for the last month: Actual materials used in production Actual output 4.6grams 15.05per gram $ 3,100grams 44,020 2,400grams 300units What is the materials quantity variance for the month?
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