Multiple Choice
During June, 16,000 pounds of materials were purchased at a cost of $6 per pound. If there was a favorable direct materials price variance of $3,000 in June, the standard cost per pound must be _____. (Round to two decimal places.)
A) $6.19
B) $5.81
C) $6.00
D) $0.19
Correct Answer:
Verified
Correct Answer:
Verified
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