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31 A company has established 4 pounds of Material at $2 per pound as the standard for the material in its Product Z The company

31 A company has established 4 pounds of Material at $2 per pound as the standard for the material in its Product Z The company has just produced 1,300 units of this product, using 5,400 pounds of Material J that cost $9,780 The direct materials price variance i Multiple Choice $620 favorable. $400 unfavorable. $400 favorable. $1,020 unfavorable. $1,020 favorable

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