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During the first quarter 5000 units were made at an actual

Southern Company manufactures Product X. The standard cost of one unit of output is $12.00 (four pieces at $3.00 per piece). During the first quarter, 5,000 units were made, at an actual cost of $10.50 per unit (three pieces at $3.50 per piece). What is the material quantity variance?

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Finance Basics: During the first quarter 5000 units were made at an actual

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