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Crane Company's standard materials cost per unit of output is $8.00 (2.00 pounds x $4.00). During July, the company purchases and uses 1,800 pounds of

Crane Company's standard materials cost per unit of output is $8.00 (2.00 pounds x $4.00). During July, the company purchases and uses 1,800 pounds of materials costing $9,540 in making 1,000 units of finished product. Compute the total, price, and quantity materials variances. (Round per unit values to 2 decimal places, e.g. 52.75 and final answers to O decimal places, e.g. 52.)
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Crane Company/sstandard muterials cost per unit of eutput is $8.001200 pounds $400. During July, the company purchases and uses 1.100 pounds of materials costine 59.540 in makine 1.000 unit sof finkthed product. Compute the totat peice, and quantify mulerials variances (Aound per init values to 2 dedimal places, es, 5275 and findi anuwers fo 0 decimal places es 52 ) Crane Company's standard materials cost per unit of output is $8.00(2.00 pounds $4.00). During July, the company purchases and uses 1,800 pounds of materials costing $9.540 in making 1,000 units of finished product. Compute the total, price, and quantity materials variances. (Round per unit values to 2 decimal places, es. 52.75 and final answers to 0 decimal places, eg. 52.) Total materials variance Materials price variance Materials quantity variance

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