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Charlatte Company has determined that the standard cost to manufacture its product includes 2units of direct materials at $6.00per unit. During January, the company purchased
Charlatte Company has determined that the standard cost to manufacture its product includes 2units of direct materials at $6.00per unit. During January, the company purchased 51,300units of direct materials at a cost of $5.80 per unit and used 51,300units of direct materials to produce 23,900units of its product.
Calculate the total materials variance, and the price and quantity variances.
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