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A company developed the following per-unit standards for its product: 2 gallons of direct materials at $8 per gallon. Last month, 1000 gallons of direct

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A company developed the following per-unit standards for its product: 2 gallons of direct materials at $8 per gallon. Last month, 1000 gallons of direct materials were purchased for $7600. The direct materials price variance for last month was O $200 favorable $400 favorable. $400 unfavorable O $7600 favorable

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