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Sarah Lee Corporation has a standard costing system. The following data are available for June: 23,000pounds Actual quantity of direct materials purchased Standard price of

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Sarah Lee Corporation has a standard costing system. The following data are available for June: 23,000pounds Actual quantity of direct materials purchased Standard price of direct materials Material price variance Material quant variance 6.30per pound $ 2,400Unfavorable 2,300Favorable The actual price per pound of direct materials purchased in June was (rounded)

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