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The standard cost of product 777 includes 2.7 units of direct materials at $5.50 per unit. During August, the company bought 29,200 units of materials

The standard cost of product 777 includes 2.7 units of direct materials at $5.50 per unit. During August, the company bought 29,200 units of materials at $5.55 and used those materials to produce 11,100 units. Compute the total, price, and quantity variances for materials

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