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1. 2. 3. 4. 5. 6. 7. The Wright Company has a standard costing system. The following data are avallable for September Actual quantity of

1. 2. 3. 4. 5. 6. 7.
The Wright Company has a standard costing system. The following data are avallable for September Actual quantity of direct materials purchased Standard price of direct materials Materlal price varlance Material quantity varlance 4000) pou $8,000unfavorable $3,500favorable The actual price per pound of direct materials purchased in September Is: (Round your answer to 2 decimal places.) O $4.77 O $5.00 O $5.20 O $523

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