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The following direct materials data pertain to the operations of Blue Spruce Co. for the...

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Accounting

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The following direct materials data pertain to the operations of Blue Spruce Co. for the month of December. The standard cost card shows that a finished product contains 4 pounds of materials. The 17,450 pounds were purchased in December at a discount of 4% from the standard price. In December, 4,220 units of finished product were manufactured. Calculate the materials variances. Identify whether each variance is favorable or unfavorable

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