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A total of 6,850 kilograms of raw material was purchased at a total cost of $21,920. The materials price variance was $1,370 favorable. The standard
A total of 6,850 kilograms of raw material was purchased at a total cost of $21,920. The materials price variance was $1,370 favorable. The standard price per kilogram for the raw material must be:
a. $0.20
b. $3.00
c. $3.20
d. $3.40
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