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What direct materials price variance for last month was

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Question 1: A company developed the following per unit standards for its products: 2.80 pounds of direct materials at $4.1 per pound. Last month, 2900 lbs of direct materials were purchased for $8700. The direct materials price variance for last month was

a) $8700 favorable.

b) $3190 favorable.

c) $1139 favorable.

d) $3190 unfavorable.

Reference no: EM132782789

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