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The Porter Company has a standard cost system. In July the company purchased and used 22,500 grams of direct material at an actual cost of
The Porter Company has a standard cost system. In July the company purchased and used 22,500 grams of direct material at an actual cost of $52,875. The materials price variance was $1,125 favourable and the standard quantity of materials allowed for July production was 21,750 grams. The materials quantity variance was: Select one: $3,250 U. X none of these $1,000 F $1,?2su. $1,000 0
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