=+4.The actual and standard direct materials costs for producing a specified quantity of product are as follows:
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=+4.The actual and standard direct materials costs for producing a specified quantity of product are as follows:
Actual: 51,000 pounds at $5.05 $257,550 Standard: 50,000 pounds at $5.00 $250,000 The direct materials price variance is:
A. $50 unfavorable C. $2,550 unfavorable B. $2,500 unfavorable D. $7,550 unfavorable
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