provide steps please. A company developed the following per unit materials standards for its...
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provide steps please.
A company developed the following per unit materials standards for its product: 3 pounds of direct materials at $5 per pound. If 12000 units of product were produced last month and 37500 pounds of direct materials were used, the direct materials quantity variance was $4500 unfavorable. $7500 favorable. $4500 favorable. $7500 unfavorable
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