Use the following to answer question: 
-(Figure: A Perfectly Competitive Firm in the Short Run) Use Figure: A Perfectly Competitive Firm in the Short Run.If the market price is G,the firm's total cost of producing its most profitable level of output is:
Definitions:
Direct Materials Quantity Variance
The variance between the real amount of materials consumed in production and the anticipated standard amount, multiplied by the cost per unit according to standards.
Direct Materials
Raw materials that can be directly attributed to the production of specific goods or services in a manufacturing process.
Variance Reports
Financial analyses that compare actual performance against planned or budgeted performance.
Form Content
Refers to the specific subject matter covered by a document or form, detailing the various elements and information it encompasses.
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