Question: TB MC Qu . 0 8 - 9 9 ( Algo ) The standard materials cost to produce... The standard materials cost to produce 1

TB MC Qu.08-99(Algo) The standard materials cost to produce...
The standard materials cost to produce 1 unit of Product R is 5 pounds of material at a standard price of $60 per pound. In manufacturing 8,300 units, 39,900 pounds of material were used at a cost of $61 per pound. What is the direct materials quantity variance?

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