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Cultco Company Ltd has set the following direct material standards per unit of product: 2.5 kg @ $3.00 per kg; $7.50 per unit. During April, actual direct material purchased and used amounted to 8000 kg at a cost of $3.10 per kg. Actual production amounted to 3000 units. Determine the total material variance.
Hemolysis
The rupturing of red blood cells, which releases hemoglobin.
Capillary puncture
A technique for obtaining blood samples by puncturing the capillaries, often done on the fingertip or earlobe.
Coagulation
The process by which a clot forms in blood.
Venipuncture
The puncture of a vein, usually with a needle, for the purpose of drawing blood.
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