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Alvarado Company produces a product that requires 3.0 standard pounds per unit. The standard price...

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Accounting

Alvarado Company produces a product that requires 3.0 standard pounds per unit. The standard price is $6.00 per pound. If 8,000 units used 23,900 pounds, which were purchased at $6.20 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) cost variance

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