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Compute the materials quantity variance

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Reference no: EM132282331

Question - Quantile Corporation has the following standards for its direct materials:

• Standard cost: $3.80 per pound.

• Standard quantity: 6.00 pounds per product.

During the most recent month, the company purchased and used 33,900 pounds of material in manufacturing 5,600 products, at a total cost of $131,900. Compute the materials quantity variance.

Reference no: EM132282331

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