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The standard materials cost to produce 1 unit of Product R is 8 pounds of material at a standard price of $60 per pound. In

The standard materials cost to produce 1 unit of Product R is 8 pounds of material at a standard price of $60 per pound. In manufacturing 6,000 units, 45,800 pounds of material were used at a cost of $62 per pound. What is the direct materials quantity variance?  

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