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A company uses 10000 pounds of materials for which it paid $10 a pound. The materials price variance was $5000 unfavorable. What is the standard

A company uses 10000 pounds of materials for which it paid $10 a pound. The materials price variance was $5000 unfavorable. What is the standard price per pound?

$10.00

$0.50

$10.50

$9.50

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