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A company uses 3100 kilograms of materials and exceeds the standard by 160 kilograms. The quantity variance is $816 unfavourable. What is the standard price?

A company uses 3100 kilograms of materials and exceeds the standard by 160 kilograms. The quantity variance is $816 unfavourable. What is the standard price?

$2.55

$3.80

$4.00

$5.10

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