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QUESTION
The standard materials cost to produce 1 unit of Product R is 8 pounds of material at a standard price of $42 per pound.
The standard materials cost to produce 1 unit of Product R is 8 pounds of material at a standard price of $42 per pound. In manufacturing 5,300 units, 40,200 pounds of material were used at a cost of $44 per pound. What is the direct materials quantity variance?
