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MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
Table Manufacturing Company produce one style of tables
the following data pertains to producing one table
Planned production per month
Units (one table) 100
Piece of wood (M) 20
Estimated M price $30
Actual production
Quantity purchased (QP) $18
Actual Price (AP) $34
The calculated material price variance is?
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