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Saved Help Save & Exit Parallel Enterprises has collected the following data on one of its products. During the period the company produced 25,000

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Saved Help Save & Exit Parallel Enterprises has collected the following data on one of its products. During the period the company produced 25,000 units. The direct materials price variance is: Direct materials standard (7 pounds $1.95/pound) Actual cost of materials purchased Actual direct materials purchased and used $ 13.65 per finished unit $ 314,150 149,000 pounds

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