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A company has established 6 pounds of Material J at $3 per pound as the standard for the material in its Product Z. The company
A company has established 6 pounds of Material J at $3 per pound as the standard for the material in its Product Z. The company has just produced 1,100 units of this product, using 6,800 pounds of Material J that cost $19,480.The direct materials price variance is: Multiple Choice $600 unfavorable $600 favorable. $920 unfavorable. $320 favorable, $920 favorable
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