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## Accounting

 Accounting Basics Cost Accounting Financial Accounting Managerial Accounting Auditing Taxation

James Inc.'s flexible budget for June, based upon actual output, called for the use of 10,500 pounds of materials at a standard cost of \$7.40 per pound. The Production Department actually used 10,700 pounds of materials costing \$7.10 per pound during June.The materials quantity variance for James's June operations is:

Accounting Basics, Accounting

• Category:- Accounting Basics
• Reference No.:- M939810

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