Information about direct materials cost follows for a local company. Standard price per materials gram ......................................$16 Actual

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Information about direct materials cost follows for a local company.

Standard price per materials gram ......................................$16
Actual quantity used ............................................................2,250 grams
Standard quantity allowed for production .......................2,375 grams
Price variance ...................................................................$14,400 F


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What was the actual purchase price per gram?

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Related Book For  answer-question

Fundamentals of Cost Accounting

ISBN: 978-1259969478

6th edition

Authors: William N. Lanen, Shannon Anderson, Michael W Maher

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