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Current Attempt in Progress Simba Company's standard materials cost per unit of output is $11.00 (2.50 pounds x $4.40). During July, the company purchases and
Current Attempt in Progress Simba Company's standard materials cost per unit of output is $11.00 (2.50 pounds x $4.40). During July, the company purchases and uses 3,150 pounds of materials costing $16,695 in making 1,400 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 0 decimal places, e.g. 52.) Total materials variance $ Materials price variance Materials quantity variance $
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