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The standard cost of a new product includes 2 units of direct materials at $4.00 per unit.During November the company bought 22,000 units of material
The standard cost of a new product includes 2 units of direct materials at $4.00 per unit.During November the company bought 22,000 units of material at $4.10 and used those materials to produce 12,000 units.Compute the total, price, and quantity variances as to materials. Show your work.
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