Question: 34 (3 points) used 650 lbs; total Calculate a Level 3 efficiency variance for materials given the following information: Budget Data: units produced 500; total

34 (3 points) used 650 lbs; total Calculate a Level 3 "efficiency" variance for materials given the following information: Budget Data: units produced 500; total material material cost $7,150. Actual Results: units produced 400; total material lbs; total material cost $6,000. used 600

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