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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 25,000 pounds $ 4.00 per pound $ 2,500 Unfavorable $ 1,000 Favorable The actual price per pound of direct materials purchased in June was: (Round your Intermediate calculations to 2 decimal places.) Multiple Choice $3.85 per pound $4.00 per pound $4.10 per pound $4.15 per pound
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