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A company has the following information available about one of its products: Standard price per pound of input ? Actual price per pound of input $30 Standard inputs per unit of output 3 pounds Actual units of output 3,000 Direct Materials Price Variance $18,000 U Actual pounds of input used 9,000 What is the standard price per pound of input?
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A company has the following information available about one of its products: Standard price per poun...
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