Swifty Corporation has a materials price standard of $5 per pound. 8000 pounds of materials...
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Swifty Corporation has a materials price standard of $5 per pound. 8000 pounds of materials were purchased at $5.20 a pound. The actual quantity of materials used was 8000 pounds while the standard quantity allowed for the output was 5300 pounds. Swifty Corporation's materials quantity variance is $14040 U. $13500 F. $13500 U. $14040 F
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