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Puget Company Has Gathered the Following Information About Its Purchase

Question 76

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Puget Company has gathered the following information about its purchase and use of raw materials for December: Puget Company has gathered the following information about its purchase and use of raw materials for December: Puget Company uses a standard cost system. What is the materials price variance? A) $ 575 favorable B) $ 575 unfavorable C) $ 500 favorable D) $ 500 unfavorable Puget Company uses a standard cost system. What is the materials price variance?


A) $ 575 favorable
B) $ 575 unfavorable
C) $ 500 favorable
D) $ 500 unfavorable

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