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Compute what is the direct materials quantity variance

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Reference no: EM132528388

Yama Industiers has collected the following data for its Thunderbolt line of products:

Direct materials standard: 10 pounds per unit

Direct materials standard cost: $0.75 per pound

Actual Direct Materials Used: 40,000 pounds

Actual finished goods produced: 4,500 units

Question 1: What is the direct materials quantity variance?

Reference no: EM132528388

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