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Materials Price Variance. Sweets Company produces boxes of chocolate. The company expects to pay $5 a pound for chocolate. Sweets purchased 4,000 pounds of chocolate
Materials Price Variance. Sweets Company produces boxes of chocolate. The company expects to pay $5 a pound for chocolate. Sweets purchased 4,000 pounds of chocolate during the month of April for $4.80 per pound. Calculate the materials price variance for the month of April.
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