Last month 75,000 pounds of direct material were purchased and used. If the actual purchase...

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Accounting

Last month 75,000 pounds of direct material were purchased and used. If the actual purchase price per pound was $1.50 and the standard purchase price per pound is $1.00, then the materials price variance was $2,000 F

$37,500 F

$37,500 U

$35,500 U

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