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What was the company direct materials flexible-budget

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Question - Empty Company maintains no inventories and has the following data pertaining to one of its direct materials in July:

Standard quantity of direct materials for the units manufactured (SQ) 31,800

Direct materials purchases-actual cost $ 67,000

Standard price per unit of direct materials (SP) $ 2.00

Direct material efficiency variance-favorable $ 6,300

All materials purchased during the month were issued to production.

Required - What was the company's direct materials flexible-budget (FB) variance for July?

Reference no: EM133128384

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