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A company developed the following per-unit standards for its product: 4 gallons of direct materials at $10 per gallon. Last month, 5000 gallons of
A company developed the following per-unit standards for its product: 4 gallons of direct materials at $10 per gallon. Last month, 5000 gallons of direct materials were purchased for $48500. The direct materials price variance for last month was O $375 favorable. $1500 favorable. $48500 favorable. O $2000 unfavorable.
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