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The standard cost of product 777 includes 2.4 units of direct materials at $6.80 per unit. During August, the company bought 29,300 units of
The standard cost of product 777 includes 2.4 units of direct materials at $6.80 per unit. During August, the company bought 29,300 units of materials at $7.05 and used those materials to produce 12,400 units. Compute the total, price, and quantity variances for materials. Total materials variance $ CA Materials price variance Materials quantity variance $ CA $
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
