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What the actual price per pound of direct materials purchase

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Reference no: EM132706384

The wright company has a standard costing system. The following data are available for September:

actual quantity of direct materials purchased- 40,000 pounds

standard price of direct materials- $6 per pound

material price variance-$8,000 unfavorable

material quantity variance- $1,500 favorable

Problem 1: What the actual price per pound of direct materials purchases in September is

Reference no: EM132706384

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