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Last month 75,000 pounds of direct material were purchased and 71,000 pounds were used. If the actual purchase price per pound was $0.50 more than the standard purchase price per pound, then the materials price variance was:

A. $2,000 F

B. $37,500 F

C. $37,500 U

D. $35,500 U

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M952259

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