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Vaughn Manufacturing has a materials price standard of $5 per pound. 6500 pounds of materials were purchased at $5.20 a pound. The actual quantity
Vaughn Manufacturing has a materials price standard of $5 per pound. 6500 pounds of materials were purchased at $5.20 a pound. The actual quantity of materials used was 6500 pounds while the standard quantity allowed for the output was 4700 pounds. Vaughn Manufacturing's materials quantity variance is O $9360 F O $9360 U. O $9000 F O $9000 U.
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