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Business, 06.05.2020 23:15 Jasten

A company has established 5 pounds of Material J at $2 per pound as the standard for the material in its Product Z. The company has just produced 1,000 units of this product, using 5,200 pounds of Material J that cost $9,880.The direct materials price variance is:.

a) $520 unfavorable.

b) $400 unfavorable.

c) $120 favorable.

d) $520 favorable.

e) $400 favorable.

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