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6) A company has the following information available about one of its products: Standard price per pound of input Actual pric

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Answer #1

Materials Quantity Variance = (SQ - AQ) * SP

(3*2770 - AQ) * 25 = 250

(8310 - AQ) * 25 = 250

8310 - AQ = 250/25 = 10

AQ = 8310 - 10 = 8300

OPTION C

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