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Dark Wind manufactures decorative weather vanes that have a standard materials cost of three pounds...

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Accounting

Dark Wind manufactures decorative weather vanes that have a standard materials cost of three pounds of raw materials at $4.00 per pound. During September 17,500 pounds of raw materials costing $4.25 per pound were used in making 6,000 weather vanes.
Determine the materials price and quantity variance.

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