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During December, 6,000 pounds of raw materials were purchased at a cost of $16 per pound. If there was an unfavorable materials price variance of
During December, 6,000 pounds of raw materials were purchased at a cost of $16 per pound. If there was an unfavorable materials price variance of $6,000 for December, the standard cost per pound must be
A. | $15
| |
B. | $16 | |
C. | $17 | |
D. | none of the above |
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