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What standard price per kilogram for raw material must be

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Reference no: EM132746810

Problem 1: A total of 6,850 kilograms of a raw material was purchased at a total cost of P21,920. The material price variance was P1,370 favorable. The standard price per kilogram for the raw material must be

Option 1: 0.20

Option 2: 3

Option 3: 3.20

Option 4: 3.40

Option 5: Answer not given

Reference no: EM132746810

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