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Business, 22.04.2021 20:30 potato3999

The standard price of materials is $3.50 per pound and the standard quantity allowed for actual output is 7,000 pounds. If the actual quantity purchased and used was 6,700 pounds, and the actual price per pound was $3.40, the direct materials quantity variance is $ . (Enter the variance as a whole number and specify if it is F or U.)

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