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Georgia, Inc. has collected the following data on one of its products. The actual cost...

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Accounting

Georgia, Inc. has collected the following data on one of its products. The actual cost of the direct materials used is: Direct materials standard (4 lbs @ $2/lb) $ 8 per finished unit Total direct materials cost varianceunfavorable $ 18,250 Actual direct materials used 120,000 lbs Actual finished units produced 24,000 units

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