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What the materials price variance

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Question - Your Company manufactures a product for which the standard material cost is $27.00 based on 12 square feet at a cost of $2.25 per square foot (standards). Your Company purchased and used 12,800 square feet (AQ) at a cost of $2.00 per square foot (AP) to produce 1,000 units. What the materials price variance resulting from the above production run?

Reference no: EM133034800

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