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Max Company Has Developed the Following Standards for One of Its

Question 28

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Max Company has developed the following standards for one of its products. Max Company has developed the following standards for one of its products. The company records materials price variances at the time of purchase. The direct materials price variance is A) $50,000 favorable. B) $50,000 unfavorable. C) $10,000 unfavorable. D) $10,000 favorable. The company records materials price variances at the time of purchase.
The direct materials price variance is


A) $50,000 favorable.
B) $50,000 unfavorable.
C) $10,000 unfavorable.
D) $10,000 favorable.

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