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The standard cost of product 777 includes 2.5 units of direct materials at $5.70 per unit. During August, the company bought 28,300 units of materials
The standard cost of product 777 includes 2.5 units of direct materials at $5.70 per unit. During August, the company bought 28,300 units of materials at $5.95 and used those materials to produce 11,700 units. Compute the total, price, and quantity variances for materials
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