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Suver Corporation has a standard costing system. The following data are available for June: Actual quantity of direct materials purchased Standard price of direct materials
Suver Corporation has a standard costing system. The following data are available for June:
Actual quantity of direct materials purchased Standard price of direct materials
Material price variance
Material quantity variance
pounds
$ per pound $ Unfavorable
$ Favorable
The actual price per pound of direct materials purchased in June was:
Multiple Choice
$ per pound
$ per pound
$ per pound
$ per pound
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