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Please answer b The standard cost of product B manufactured by Splish Company includes 3 units of direct materials at $5.35 per unit. During June,
Please answer b
The standard cost of product B manufactured by Splish Company includes 3 units of direct materials at $5.35 per unit. During June, the company purchases 29,000 units of direct materials at a cost of $5.03 per unit and uses 29,000 units of direct materials to produ 9,500 units of product B. (a) Your answer is correct. Calculate the materials variance, and the price and quantity variances. Calculate the materials variance, and the price and quantity variances, assuming the purchase price is $5.51 and the quantity purchased and used is 28,000 units. eTextbook and MediaStep by Step Solution
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