The following data relates to QA firm:
Cost standards: 
Actual results:
7800 units were produced. 
Calculate the direct material price variance, based on the quantity of materials purchased.
Definitions:
Diversity
The inclusion of individuals from different races, cultures, ethnicities, genders, and sexual orientations, enhancing creativity and problem-solving by bringing in varied perspectives.
Jeff Bezos
Founder of Amazon.com, recognized for revolutionizing global e-commerce and cloud computing industries.
Product Development Team
A group of individuals from various disciplines working collaboratively to develop new products or improve existing ones.
Homogeneous Teams
Groups composed of members with similar backgrounds, skill sets, or demographic attributes, which can affect dynamics and outcomes.
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