Question: Data from Moxie Corp is found below: Standard price per materials gram $17 Actual quantity used 2,860 grams Standard quantity allowed for production 3,000 grams

  1. Data from Moxie Corp is found below:

Standard price per materials gram $17

Actual quantity used 2,860 grams

Standard quantity allowed for production 3,000 grams

Price variance $22,880 F

What was the actual purchase price per gram?

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