An automobile parts company has a standard material price

Reference no: EM13608431

An automobile parts company has a standard material price of $2 per pound. In October the company produced 4,500 units using 6,000 pounds of material. The company experienced a favorable materials quantity variance of $600. The standard quantity of materials per unit produced must be: 2.5 pounds. 2 pounds. 1.4 pounds. cannot be determined from the information given.

Reference no: EM13608431

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