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Marigold Corp. planned to use 1 yard of material per unit budgeted at $83 a...

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Accounting

Marigold Corp. planned to use 1 yard of material per unit budgeted at $83 a yard. However, the material actually cost $81 per yard. The company actually made 4300 units, although it had planned to make only 3700 units. Total yards used for production were 4420. What is the total materials variance? $49800 U $8840 F $9960 U $1120 U

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