Question: The standard quantity allowed for the units produced was 4700 pounds, the standard price was $2.50 per pound, and the materials quantity variance was $425

 The standard quantity allowed for the units produced was 4700 pounds,

The standard quantity allowed for the units produced was 4700 pounds, the standard price was $2.50 per pound, and the materials quantity variance was $425 favorable. Each unit uses 1 pound of materials. How many units were actually produced? 4700 4530 12175 4870

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