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What the direct materials quantity variance

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Reference no: EM132951801

Question - The following company information is available.

Direct materials used for production 45,000 gallons

Standard quantity for units produced 43,100 gallons

Standard cost per gallon of direct material $7.00

Actual cost per gallon of direct material $7.10

Required - What the direct materials quantity variance?

Reference no: EM132951801

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