Emerald Bazaar has a materials price standard of 2 00 per pound Six thousand pounds of materials were purchased at 2 20 a pound

Question

Emerald Bazaar has a materials price standard of 2 00 per pound Six thousand pounds of materials were purchased at 2 20 a pound The actual quantity of materials used was 6 000 pounds although the standard quantity allowed for the output was 5 400 pounds Emerald Bazaar s materials price variance is

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