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The actual cost of direct materials is $47.00 per pound. The standard cost per pound is $51.75. During the current period, 6,500 pounds were purchased
The actual cost of direct materials is $47.00 per pound. The standard cost per pound is $51.75. During the current period, 6,500 pounds were purchased and used in production. The standard quantity for actual units produced is 5,500 pounds. How much is the direct materials price variance? OA. $26,125 unfavorable B. $30,875 favorable OC. $26,125 favorable OD. $30,875 unfavorable Step by Step Solution
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Cost Management Measuring Monitoring And Motivating Performance
Authors: Leslie G. Eldenburg, Susan Wolcott, Liang Hsuan Chen, Gail Cook
2nd Canadian Edition
1118168879, 9781118168875
