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A company purchases 44000 pounds of materials. The materials price variance is $11000 favorable. What is the difference between the standard price and the actual

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A company purchases 44000 pounds of materials. The materials price variance is $11000 favorable. What is the difference between the standard price and the actual price paid for the materials? 0 $1.00 0 $0.25 $4.00 0 Cannot be determined from the data provided

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