Multiple Choice
Last month 75,000 pounds of direct material were purchased and 71,000 pounds were used.If the actual purchase price per pound was $0.50 more than the standard purchase price per pound,then the materials price variance was:
A) $2,000 F
B) $37,500 F
C) $37,500 U
D) $35,500 U
Correct Answer:
Verified
Correct Answer:
Verified
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