Question: Please explain the correct approach for solving this general accounting question. The following data relate to direct materials costs for March: Actual costs: 5,200 pounds

Please explain the correct approach for solving this general accounting question.

The following data relate to direct materials costs for March: Actual costs: 5,200 pounds at $4.80 per pound Standard costs: 5,000 pounds at $5.00 per pound What is the direct materials quantity variance

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