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Harper Manufacturing Company uses a standard cost accounting system. During the current year, the company produced 2 8 , 0 0 0 units. Each unit
Harper Manufacturing Company uses a standard cost accounting system. During the current year, the company produced units. Each unit took several pounds of direct materials. During the year, pounds of raw materials were purchased at $ per pound. All materials purchased were used during the year. If the materials price variance was $ favorable, what was the standard materials price per pound? Round your answer to decimals
Harper Manufacturing Company uses a standard cost accounting system. During the current year, the company produced units. Each unit took several pounds of direct materials. During the year, pounds of raw materials were purchased at $ per pound. All materials purchased were used during the year.
If the materials price variance was $ favorable, what was the standard materials price per pound? Round your answer to decimals
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