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Simba Companys standard materials cost per unit of output is $8.80 (2.00 pounds x $4.40). During July, the company purchases and uses 2,420 pounds of
Simba Companys standard materials cost per unit of output is $8.80 (2.00 pounds x $4.40). During July, the company purchases and uses 2,420 pounds of materials costing $13,068 in making 1,100 units of finished product.
Compute the total, price, and quantity materials variances
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