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The Mack Nine Company uses a standard costing system. The following data are available for...

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Accounting

The Mack Nine Company uses a standard costing system. The following data are available for the month:

Actual quantity of direct materials purchased 25,000 pounds
Standard price of direct materials $2.30 per pound
Material price variance $2,500 unfavorable

The actual price per pound of direct materials purchased during the month is what?

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