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What is the standard price per yard of material

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Reference no: EM133032189

Question - Your Corporation manufactures a single product. The following information relates to the corporation's purchases and use of material for the month of April:

Total yards of material

Material purchased 8,500

Material used in production 8,000

Standard quantity allowed for suits produced 8,200

The materials price variance for April was $1,200 favorable.

The materials quantity variance for April was $900 favorable.

What is the standard price per yard of material?

Reference no: EM133032189

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