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What the direct materials usage variance for the period

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Reference no: EM133160344

Question - Information concerning Johnston Company's direct materials costs is as follows:

Standard price per pound $6.85

Actual quantity purchased 2,970 pounds

Actual quantity used in production 2,870 pounds

Units of product manufactured 740

Materials purchase-price variance-favorable $895

Budget data for the period: Units to manufacture 1,040

Units of direct materials 4,160 pounds

Required - What the direct materials usage variance for the period?

Reference no: EM133160344

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