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Which statement is true for keco company

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Reference no: EM132528573

Question 1: Keco Company makes a product that is budgeted (expected) to require 2 lbs. of material per unit of product at $6.00 per pound. Keco actually used 1.9 pounds per unit of product. The actual cost of this material was $6.25 per pound. Based on this information alone, which statement is true?

Reference no: EM132528573

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