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The Mack Nine Company uses a standard costing system. The following data are available for the month: Actual quantity of direct materials purchased 25,000 pounds
The Mack Nine Company uses a standard costing system. The following data are available for the month:
| Actual quantity of direct materials purchased | 25,000 pounds |
| Standard price of direct materials | $2.30 per pound |
| Material price variance | $2,500 unfavorable |
The actual price per pound of direct materials purchased during the month is what?
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Financial Accounting An International Introduction
Authors: David Alexander
7th Edition
129229583X, 978-1292295831
