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A company purchased and used 10,000 pounds of materials while incurring $2,000 unfavorable price variance. The standard cost for materials is $4.80 per pound. What
A company purchased and used 10,000 pounds of materials while incurring $2,000 unfavorable price variance. The standard cost for materials is $4.80 per pound. What was the actual price of materials per pound?
a.$5.00.b.$4.90.c.$5.10.d.$5.20.
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