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What is the materials quantity variance for the month

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Reference no: EM132760009

Question: The following materials standards have been established for a product:

Standard quantity per unit of output 1.9grams Standard price $18.00per gram

The following data pertain to operations concerning the product for the last month:

Actual materials purchased 5,800grams Actual cost of materials purchased $108,460 Actual materials used in production 5,200grams Actual output 2,700units

What is the materials quantity variance for the month?

Reference no: EM132760009

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