Jordyn Chandler

Business

2 January, 06:06

Suver Corporation has a standard costing system. The following data are available for June: Actual quantity of direct materials purchased 35,000 pounds Standard price of direct materials $ 8.00 per pound Material price variance $ 7,000 Unfavorable Material quantity variance $ 7,500 Favorable The actual price per pound of direct materials purchased in June was:

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