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A company developed the following per-unit standards for its product: 2 pounds of direct materials at $12 per pound. Last month, 3000 pounds of direct
A company developed the following per-unit standards for its product: 2 pounds of direct materials at $12 per pound. Last month, 3000 pounds of direct materials were purchased for $11400. The direct materials price variance for last month was $24600 favorable. $12300 favorable. $24600 unfavorable. $11400 favorable.
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