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Find the actual price per pound of direct materials

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Reference no: EM132790555

Question - The Wright Company has a standard costing system. The following data are available for September:

Actual quantity of direct materials purchased 25,000 pounds

Standard price of direct materials £2 per pound

Material price variance £2,500 unfavourable

Required - Find the actual price per pound of direct materials purchased in September?

Reference no: EM132790555

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