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The following company information is available for March. The direct materials price variance is: Direct materials purchased and used 4,700 feet @ $99 per foot

The following company information is available for March. The direct materials price variance is:

Direct materials purchased and used 4,700 feet @ $99 per foot

Standard costs for direct materials for March production 4,800 feet @ $97 per foot

Multiple Choice

$9,600 favorable.

$9,600 unfavorable.

$9,400 favorable.

$300 favorable.

$9,400 unfavorable.

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