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Ceelo Company purchased (at a cost of $11,610) and used 1,800 pounds of materials during May. Ceelos standard cost of materials per unit produced is
Ceelo Company purchased (at a cost of $11,610) and used 1,800 pounds of materials during May. Ceelos standard cost of materials per unit produced is based on 3 pounds per unit at a cost $6.50 per pound. Production in May was 510 units.
QUESTION: *please show work*
Compute the total, price, and quantity variances for materials. (Round answers to 0 decimal places, e.g. 125.) Total Materials Variance Materials Price Variance Materials Quantity Variance sStep by Step Solution
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