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Coronado Industries has a materials price standard of $4 per pound. 6300 pounds of materials...

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Accounting

Coronado Industries has a materials price standard of $4 per pound. 6300 pounds of materials were purchased at $4.20 a pound. The actual quantity of materials used was 6300 pounds although the standard quantity allowed for the output was 4600 pounds.
Coronado Industries's materials price variance is
$1260U.
$1840U.
$1260F
$340U.
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