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During September, 12,000 pounds of materials were purchased at a cost of $8 per pound. If there was an unfavorable direct materials price variance of

During September, 12,000 pounds of materials were purchased at a cost of $8 per pound. If there was an unfavorable direct materials price variance of $6,000 for September, the standard cost per pound must be ____________.

Question 37 options:

$8.50

$8.00

$7.00

$7.50

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