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Suver Corporation has a standard costing system. The following data are available for June: The actual price per pound of direct materials purchased in June
Suver Corporation has a standard costing system. The following data are available for June:
The actual price per pound of direct materials purchased in June was:
A. $7.79 per pound
B. $8.00 per pound
C. $8.16 per pound
D. $8.21 per pound
Thank you for your help.
Actual quantity of direct materials purchased Standard price of direct materials Material price variance Material quantity variance 25,000 pounds $ 8.00 per pound $ 4,000 Unfavorable $ 6,500 Favorable SStep by Step Solution
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