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A company has established 4 pounds of Material J at $2 per pound as the...

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Accounting

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A company has established 4 pounds of Material J at $2 per pound as the standard for the material in its Product Z. The company has just oroduced 1,300 units of this product, using 5,400 pounds of Material J that cost $9,880.The direct materials price variance is: Multiple Choice $400 favorable. $520 favorable. $920 favorable. $400 unfavorable. $920 unfavorable

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