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    Managerial Accounting
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    Exam 10: Standard Costing and Variance Analysis
  5. Question
    During the Month of March, Rexelegg Purchased 25,000 Pounds of Flour
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During the Month of March, Rexelegg Purchased 25,000 Pounds of Flour

Question 120

Question 120

Multiple Choice

During the month of March, Rexelegg purchased 25,000 pounds of flour at $2 per pound.At the end of March, Rexelegg found that it had an unfavorable materials price variance of $750.The standard cost per pound must be:


A) $0.71.
B) $0.60.
C) $0.80.
D) $1.97.

Correct Answer:

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