Business, 20.11.2020 16:40 jonmorton159

Exeter has a materials standard of 1 pound per unit of output. Each pound has a standard price of $27 per pound. During July, Exeter paid $141,000 for 4,970 pounds, which it used to produce 4,760 units. What is the direct materials quantity variance?a) $10,320 favorable b) $27,780 unfavorable
c) $11,220 unfavorable
d) $17,460 unfavorable

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Exeter has a materials standard of 1 pound per unit of output. Each pound has a standard price of $2...

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