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The standard materials cost to produce 1 unit of Product R is 6 pounds of material at a standard price of $49 per pound. In

The standard materials cost to produce 1 unit of Product R is 6 pounds of material at a standard price of $49 per pound. In manufacturing 8,000 units, 47,000 pounds of material were used at a cost of $50 per pound. What is the total direct materials cost variance?

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