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Lucas Company Has Set Standards for the Manufacturing of Clay

Question 42

Multiple Choice

Lucas Company has set standards for the manufacturing of clay pots to be 2 pounds of direct materials,per pot,at a cost of $3 per pound.During the current period,600 pounds of direct materials were purchased for $1842.All of the direct materials were used to manufacture 295 pots.Lucas's direct materials price variance was


A) $72 (U) .
B) $42 (U) .
C) $72 (F) .
D) zero.

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