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Simba Company's standard materials cost per unit of output is $10.56 (2.40 pounds x $4.40). During July, the company purchases and uses 3, 300 pounds
Simba Company's standard materials cost per unit of output is $10.56 (2.40 pounds x $4.40). During July, the company purchases and uses 3, 300 pounds of materials costing $17, 820 in making 1, 300 units of finished product. Compute the total, price, and quantity materials variances
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