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What is the direct material price variance

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Question: A company provides the following data for material costs: Standard cost per unit 3 pounds at $2 per unit

Actual cost per unit 2.5 pounds at $3 per unit

During the month, 5,000 pounds of raw materials were purchased.

What is the direct material price variance?

The response must be typed, double spaced, times new roman, font size 12 and must follow APA format.

Reference no: EM132752965

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