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Current Attempt in Progress Ceelo Company purchased (at a cost of $10,560) and used 2,200 pounds of materials during May. Ceelo's standard cost of materials
Current Attempt in Progress Ceelo Company purchased (at a cost of $10,560) and used 2,200 pounds of materials during May. Ceelo's standard cost of materials per unit produced is based on 2 pounds per unit at a cost $5.00 per pound. Production in May was 1,040 units. Compute the total, price, and quantity variances for materials. (Round answers to decimal places, e.g. 125.) Total Materials Variance $ Materials Price Variance Materials Quantity Variance $
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