Question: dp 9, 101 Saved The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 5.1 pounds
dp 9, 101 Saved The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 5.1 pounds $ 13.90 per pound 8.26 The following data pertain to operations concerning the product for the last month Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output 5.850 pounds S 63,580 5,350 pounds 770 units The direct materials purchases variance is computed when the materials are purchased What is the materials quantity variance for the month?
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