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Contents inc has a material standard of 11 pound per unit

Question - Contents, Inc. has a material standard of 1.1 pound per unit of output. Each pound has a standard price of $26. During September, Contents Inc paid $66,500 for 2,585 pounds of raw material, to produce 2,350 units. What is the direct materials price variance?

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Accounting Basics: Contents inc has a material standard of 11 pound per unit

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