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The standard material cost for vinyl use per table is $7.80 based on 6 square feet of vinyl at a cost of $1.30 per square
The standard material cost for vinyl use per table is $7.80 based on 6 square feet of vinyl at a cost of $1.30 per square foot. A production run of 1,000 in January resulted in usage of 6,400 square feet of vinyl at a cost of $1.20 per square foot, a total cost of $7,689. What is the quantity variance resulting from the above production run??
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