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The standard cost of product 777 includes 2.7 units of direct materials at $5.80 per unit. During August, the company bought 28,500 units of

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The standard cost of product 777 includes 2.7 units of direct materials at $5.80 per unit. During August, the company bought 28,500 units of materials at $5.90 and used those materials to produce 10,800 units. Compute the total, price, and quantity variances for materials. Total materials variance Materials price variance $ SA SA $ Materials quantity variance $ > > >

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