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The following standard cost information is available for Leah Co.'s only product: Direct material 9 feet at $5.00 per foot. Actual information for July: 2,000
The following standard cost information is available for Leah Co.'s only product:
Direct material 9 feet at $5.00 per foot. Actual information for July: 2,000 units
were produced; 20,000 feet of direct material were purchased at a cost of $92,000
and 19,000 feet of material were used.
The material quantity variance for July is
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