Solved: All waterway industries produces a product requiring 4, Accounting Basics

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All waterway industries produces a product requiring 4

Question - All Waterway Industries produces a product requiring 4 pounds of material costing $3.50 per pound. During December, All Waterway purchased 3800 pounds of material for $12768 and used the material to produce 100 products. What was the materials price variance for December?

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