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Sunland Company's standard materials cost per unit of output is $10.50 (2.50 pounds x $4.20). During July, the company purchases and uses 2,700 pounds
Sunland Company's standard materials cost per unit of output is $10.50 (2.50 pounds x $4.20). During July, the company purchases and uses 2,700 pounds of materials costing $14,580 in making 1,200 units of finished product. Compute the total, price, and quantity materials variances. (Round per unit values to 2 decimal places, e.g. 52.75 and final answers to 0 decimal places, e.g. 52.) Total materials variance $ +A Materials price variance $ Materials quantity variance $ < >
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