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Budgeted price of direct materials is $4 per pound. Actual price of direct materials is $5 per pound. Actual quantity of direct materials is 200

Budgeted price of direct materials is $4 per pound. Actual price of direct materials is $5 per pound. Actual quantity of direct materials is 200 pounds. Compute the input price variance for direct materials.

Group of answer choices

200 pounds favorable

$200 unfavorable

$1 unfavorable

$200 favorable

$1 favorable

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