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Simba Company's standard materials cost per unit of output is $9.68 (2.20 pounds times $4.40). During July, the company purchases and uses 3,000 pounds of
Simba Company's standard materials cost per unit of output is $9.68 (2.20 pounds times $4.40). During July, the company purchases and uses 3,000 pounds of materials costing $15,600 in making 1,300 units of finished product. Compute the total, price, and quantity materials variances. Total materials variance $ Materials price variance $ Materials quantity variance $
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