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During the month of March, Rexelegg purchased 25,000 pounds of flour at $2 per pound....

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Question

Accounting

During the month of March, Rexelegg purchased 25,000 pounds of flour at $2 per pound. At the end of March, Rexelegg found that it had an unfavorable materials price variance of $750. The standard cost per pound must be:

a.$0.60.

b.$1.97.

c.$0.80.

d.$0.71.

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