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A company developed the following per-unit standards for its product: 2 pounds of direct materials at $6.00 per pound. Last month, 4000 pounds of direct

A company developed the following per-unit standards for its product: 2 pounds of direct materials at $6.00 per pound. Last month, 4000 pounds of direct materials were purchased for $7600 and entered into production. The direct materials price variance for last month was O $16400 favorable. O $16400 unfavorable. O $7600 favorable O $8200 favorable

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