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Suver Corporation has a standard costing system. The following data are available for June: ...

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Accounting

Suver Corporation has a standard costing system. The following data are available for June:

Actual quantity of direct materials purchased 20,000 pounds
Standard price of direct materials $ 2.00 per pound
Material price variance $ 3,000 Unfavorable
Material quantity variance $ 5,200 Favorable

The actual price per pound of direct materials purchased in June was:

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