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Riverbirch Corporation budgeted 4,000 pounds of direct materials to make 2,100 units of product. The company actually used 4,600 pounds of direct materials to make
Riverbirch Corporation budgeted 4,000 pounds of direct materials to make 2,100 units of product. The company actually used 4,600 pounds of direct materials to make the 2,100 units. The direct materials quantity variance is $1,600 unfavorable. What is the Standard Price (SP) per pound of direct materials? A. $0.76 B. $1.31 C. $2.88 D. $2.67
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Understanding Simple Accounting
Authors: Gustav Muhsfeldt
1st Edition
B005MAAH4W
