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Question 9 (1 point) A company uses 40,000 gallons of materials for which they paid $7.00 a gallon. The materials price variance was $80,000 favorable.

Question 9 (1 point) A company uses 40,000 gallons of materials for which they paid $7.00 a gallon. The materials price variance was $80,000 favorable. What is the standard price per gallon? a) $2 Ob) $9 O c) $7 O d) $5

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