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Question - Sheridan Creations purchased 8800 feet of copper tubing at a price of $2.60 per foot and used 9000 feet during the period. The standard quantity allowed for the units produced is 9100 and the standard price of the copper tubing is $2.40 per foot. What is Sheridan Creations' direct materials quantity variance for the period?
$720 favorable
$480 favorable
$240 unfavorable
$240 favorable
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