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A company developed the following per unit standards for its products: 2 pounds of direct materials at $6 per pound. Last month, 1,000 pounds of

A company developed the following per unit standards for its products: 2 pounds of direct materials at $6 per pound. Last month, 1,000 pounds of direct materials were purchased for $5,700. The direct materials price variance for last month was $300 unfavorable. $150 favorable. $300 favorable. $5,700 favorable.

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