Suver Corporation has a standard costing system. The following data are available for June: Actual quantity of direct materials purchased 50,000 pounds Standard price of direct materials $ 4.00 per pound Material price variance $ 9,000 Unfavorable Material quantity variance $ 9,000 Favorable The actual price per pound of direct materials purchased in June was .

$4.18

Explanation:

Material price variance = (Standard price - Actual price) * Actual quantity

-9,000 = (4 - P) * 50,000

-9,000 = 200,000 - 50,000P

50,000P = 200,000 + 9,000

P = 209,000/50,000

P = $4.18

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"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"