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A company uses 40000 pounds of materials for which it paid $2 a pound. The materials price variance was $30000 unfavorable. What is the standard

A company uses 40000 pounds of materials for which it paid $2 a pound. The materials price variance was $30000 unfavorable. What is the standard price per pound?

$1.25

$0.75

$2.00

$2.75

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