The following information is available for the month of March for the Matt Manufacturing Company:

Standard:

Material: 2 pounds per unit @ $5.80 per pound

Actual:

Material: purchased 4,250 pounds @ $5.50 per pound

Used 4,000 pounds

During March, Matt produced 2,100 units.

Compute all costs & variances for DM.

Prepare journal entries using standard costing.

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