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What is ivanhoe creations direct materials quantity variance

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Reference no: EM133105837

Question - Ivanhoe Creations purchased 8200 feet of copper tubing at a price of $2.70 per foot and used 7900 feet during the period. The standard quantity allowed for the units produced is 7700 and the standard price of the copper tubing is $2.90 per foot. What is Ivanhoe Creations' direct materials quantity variance for the period?

Reference no: EM133105837

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