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Spandrell Companys standard materials cost per unit of output is $12 (3 pounds $4). During July, the company purchases and uses 5,800 pounds of materials
Spandrell Companys standard materials cost per unit of output is $12 (3 pounds $4). During July, the company purchases and uses 5,800 pounds of materials costing $22,910 in making 2,000 units of finished product. Compute the total, price, and quantity materials variances. (Please give a complete breakdown of the answers)
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