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Direct materials information Medium speed bump Large speed bump Standard pounds per unit 15 Standard...

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Accounting

Direct materials information Medium speed bump Large speed bump Standard pounds per unit 15 Standard price per pound $1.00 $1.80 Actual quantity purchased and used per unit 16 Actual price paid for material per pound $1.80 $2.10 Direct materials price variance $1,120 U $1,920 U Direct materials quantity variance $100 F Total direct material variance $480 U Number of units produced 100 400

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