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What direct materials price variance for bellingham company

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Problem 1: Bellingham Company produces a product that requires 2.5 standard pounds per unit. The standard price is $3.75 per pound. If 15,000 units used 36,000 pounds, which were purchased at $4.00 per pound, what is the direct materials price variance, quantity variance, and cost variance?

Reference no: EM132967821

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