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A manufacturing company has a standard quantity of direct materials of 7 pounds per unit at a standard price of $2.20 per pound.In April the actual material price was $2.40 per pound and the company produced 5,500 units.If the company experienced a favorable material quantity variance of $6,600 during the month, how much was the actual quantity of material used?
Iron Weapons
Weapons made from iron, an innovation that significantly impacted military technology and warfare strategies during ancient and medieval times.
Ferdinand Magellan
A Portuguese explorer who organized the Spanish expedition to the East Indies from 1519 to 1522, resulting in the first circumnavigation of the Earth.
Pacific Ocean
The largest and deepest of Earth's oceanic divisions, extending from the Arctic in the north to the Southern Ocean in the south, bounded by Asia and Australia on the west and the Americas on the east.
Columbus's Assessment
Refers to Christopher Columbus's evaluation and reports of the New World lands he encountered, his observations of their potential for colonization and exploitation.
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