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A company developed the following per-unit standards for its product: 2 pounds of direct materials at exist4 per pound. Last month, 1, 500 pounds of
A company developed the following per-unit standards for its product: 2 pounds of direct materials at exist4 per pound. Last month, 1, 500 pounds of direct materials were purchased for exist5, 700. The direct materials price variance (MPV) for last month was A. exist5.700 favorable. B. exist300 favorable. C. exist150 favorable. D. exist300 unfavorable
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