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The standard cost of product 777 includes 2 units of direct materials at $5.88 per unit. During August, the company bought 28,600 units of
The standard cost of product 777 includes 2 units of direct materials at $5.88 per unit. During August, the company bought 28,600 units of materials at $6.18 and used those materials to produce 15.500 units Compute the total, price, and quantity variances for materials. Total materials variance $ 10134 Favorable Materials price variance $ 4650 Unfavorable Materials quantity variance 14784 Favorable
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