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The standard cost of product 7 7 7 includes 2 . 9 units of direct materials at $ 6 . 8 0 per unit. During
The standard cost of product includes units of direct materials at $ per unit. During August, the company bought units of materials at $ and used those materials to produce units.
Compute the total, price, and quantity variances for materials.
Total materials variance
$
Materials price variance
$
Materials quantity variance
$
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