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Wadjase Corp purchases and uses 10,000 pounds of direct material in July. The standard cost per pound is $4.45. (T or F) If Wadjase has

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Wadjase Corp purchases and uses 10,000 pounds of direct material in July. The standard cost per pound is $4.45. (T or F) If Wadjase has a favorable quantity variance for direct materials of $12,905, then the standard quantity per unit allowed for production of 4,300 units is 2.0 pounds. True False

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