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The following company information is available for March. The direct materials price variance is: Direct materials purchased and used Standard costs for direct materials

The following company information is available for March. The direct materials price variance is: Direct materials purchased and used Standard costs for direct materials for March production Multiple Choice $5,000 unfavorable. $300 favorable. $5,000 favorable. $5,200 favorable. $5,200 unfavorable. 2,500 feet @ $55 per foot 2,600 feet @ $53 per foot

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