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Business, 28.11.2019 01:31 reesewaggoner8
During the past year, the company purchased 132,014,000 feet of plastic-coated wire at a price of $0.28 per foot. the direct materials standard for the cables allows 8.56 feet of wire at a standard price of $0.26. during the year, the company used a total of 534,810 feet of wire to produce 77,900 8-foot cables. calculate crane’ direct materials quantity variance for the year.
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