Information about clearwater companys direct materials cost, Accounting Basics

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Information about clearwater companys direct materials cost

Information about Clearwater Company's direct materials cost follows: Standard price per materials gram $ 100.00 Actual quantity used 9,200 grams Standard quantity allowed for production 9,400 grams Price variance $ 77,740 F Required: What was the actual purchase price per gram? (Round your answer to 2 decimal places) Actual purchase price per gram:

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Accounting Basics: Information about clearwater companys direct materials cost

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