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Bear Company produces a product that requires six standard pounds per unit. The standard price is $1.30 per pound. If 500 units required 2,900 pounds,

Bear Company produces a product that requires six standard pounds per unit. The standard price is $1.30 per pound. If 500 units required 2,900 pounds, which were purchased at $1.25 per pound, what is the direct materials price variance?

a. $145 unfavorable

b. $150 unfavorable

c. $150 favorable

d. $145 favorable

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