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Business, 07.11.2019 00:31 mrfluff14

Company collected the following data regarding production of one of its products. compute the total direct materials cost variance.
direct materials standard (2 lbs. @ $6/lb.) $ 12
per finished unit actual direct materials used 48,000 lbs.
actual finished units produced 22,000 units
actual cost of direct materials used $ 267,790

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