Question: Problem 4 The standard direct During May 1995 1,000 units of Lem. What was the material price variance for May 1 material cost to produce

Problem 4 The standard direct During May 1995 1,000 units of Lem. What was the material price variance for May 1 material cost to produce a unit of Lem is 4 meters of material at $2.50 per meter. ,4,200 meters of materials costing $10,000 were purchased and used to produce al price variance for May 19952 A. $400 favorable B.) $420 favorable 80 unfavorable D. $480 unfavorable

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