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Ivanhoe Company purchased ( at a cost of $ 1 4 , 9 6 0 ) and used 2 , 2 0 0 pounds of
Ivanhoe Company purchased at a cost of $ and used pounds of materials during May. Ivanhoe's standard cost of
materials per unit produced is based on pounds per unit at a cost $ per pound. Production in May was units.
a
Compute the total, price, and quantity variances for materials.
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