The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price The following data pertain to operations concerning the product for the last month: Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output 5.6 meters $ 18.20 per meter 9,000 meters $ 170,550 8,600 meters 1,500 units

The following materials standards have been established for a particular product: The following data pertain to operations concerning the product for the last month: The following materials standards have been established for a particular product: The following data pertain to operations concerning the product for the last month