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The Wright Company has a standard costing system. The following data are available for September: Actual quantity of direct materials purchased 50,000 pounds Standard price
The Wright Company has a standard costing system. The following data are available for September: Actual quantity of direct materials purchased 50,000 pounds Standard price of direct materials $ 4 per pound Material price variance $9,000 unfavorable The actual price per pound of direct materials purchased in September is: (Round your answer to 2 decimal places.) $4.21 $4.18 $4.00 $3.79
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