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Vaughn Manufacturing's variance report for the purchasing department reports 1300 units of material A purchased and 2500 units of material B purchased. It also reports
Vaughn Manufacturing's variance report for the purchasing department reports 1300 units of material A purchased and 2500 units of material B purchased. It also reports standard prices of $2 for Material A and $3 for Material B. Actual prices reported are $2.10 for Material A and $2.80 for Material B. Vaughn should report a total price variance of $370F $380F $380. $370
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