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A company developed the following per-unit standards for its product: 2 pounds of direct materials at $10 per pound. Last month, 2500 pounds of direct

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A company developed the following per-unit standards for its product: 2 pounds of direct materials at $10 per pound. Last month, 2500 pounds of direct materials were purchased for $9500. The direct materials price variance for last month was O $15500 favorable O $9500 favorable O $7750 favorable. O $15500 unfavorable

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