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Exercise 23-13 Ceelo Company purchased (at a cost of $11,880) and used 2,400 pounds of materials during May. Ceelo's standard cost of materials per unit

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Exercise 23-13 Ceelo Company purchased (at a cost of $11,880) and used 2,400 pounds of materials during May. Ceelo's standard cost of materials per unit produced is based on 1 pounds per unit at a cost $5.00 per pound. Production in May was 2,350 units. 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 s

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