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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, 5000 pounds of direct

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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, 5000 pounds of direct materials were purchased for $5700 and entered into production. The direct materials price variance for last month was 0 $5700 favorable $24300 favorable O $12150 favorable O $24300 unfavorable

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