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Business, 05.05.2020 16:25 vkrizh

Perez, Inc. recently completed 40,000 units of a product that was expected to consume six pounds of direct material per finished unit. The standard price of the direct material was $7.50 per pound. If the firm purchased and consumed 246,000 pounds in manufacturing (cost = $1,881,000), the direct-material quantity variance would be (with steps)

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